Steem (STEEM) Price Down 0.4% This Week

Steem (STEEM) traded 2.5% lower against the US dollar during the one day period ending at 12:00 PM Eastern on June 29th. One Steem coin can currently be bought for about $0.20 or 0.00000324 BTC on popular cryptocurrency exchanges. Over the last week, Steem has traded 0.4% lower against the US dollar. Steem has a total market cap of $91.75 million and approximately $1.10 million worth of Steem was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $60,849.57 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.12 or 0.00000202 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $381.42 or 0.00626670 BTC.
• Litecoin (LTC) traded up 2.6% against the dollar and now trades at $74.66 or 0.00122659 BTC.
• UNUS SED LEO (LEO) traded up 2% against the dollar and now trades at $5.85 or 0.00009615 BTC.
• Ethereum Classic (ETC) traded 2.4% lower against the dollar and now trades at $23.26 or 0.00038220 BTC.
• Monero (XMR) traded up 0% against the dollar and now trades at $167.23 or 0.00274752 BTC.
• Arweave (AR) traded up 3.6% against the dollar and now trades at $27.42 or 0.00045045 BTC.
• Bitcoin SV (BSV) traded 2% lower against the dollar and now trades at $44.45 or 0.00073028 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

STEEM is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 465,299,372 coins. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Buying and Selling Steem

It is usually not currently possible to purchase alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to trade Steem should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView