All about STEEM token
A wonderful contest was organized by my dear friend and brother @malikusman1 which came with the topic All about STEEM token, I'm delighted to share my opinion with regards to the said topic.
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Everyone has his or her opinion about the steem token and I'm happy to share my own opinion with you all today. I hope you will enjoy reading in through my blog will the end. Let's get started by attempting the question hints given below.
| What changes do you want to see on Steemit? |
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The only thing that guarantees growth in any firm or organization is constant change. Any organization or group that doesn't embrace change hardly sees or records any significant growth. The case of the steemit platform is not a different case.
There are a few changes I want to see in the steemit platform which I believe will be beneficiary to the platform and will also help the token steem to reach an expected high. So let's look at a few below.
One of the major changes I wish to see is that the platform should make provisions for funds that will be used for the promotion of the platform. We all know that the more people get aware of the platform the more the token will be used and the higher it will get.
Another thing I wish to see in the platform is the provision of other apps connected to the platform like a chat room. In some social media platforms like den.social, you have all your conversation on the platform and not using a third-party app.
Once both changes are applied and then rewarded and given to those who put effort into creating content then the platform will experience a sudden growth which will also catapult the token to a very great height.
| How would Steem coin become one of the top 100 cryptocurrencies? |
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Steem token can become one of the top 100 cryptocurrencies when more people adopt its usage and more investors come into the project. In our little way as steemians bloggers, when we hold the token in the form of SP, we are helping to push the value of the token to the top 100 cryptocurrencies as well.
Other than that, creating awareness of the token through the seminar and other means which will make people widely accept it as a means of payment can also push it to the top 100 cryptocurrencies. So let's all continue promoting the token and also holding it which will also make it a bit scarce in the exchange thereby giving it more value.
| Do you think Steem has the potential to reach $1 or higher? |
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Yes, I have strong confidence when it comes to the steem project. Based on my little findings, I read that when the token was first launched it was at $8 for one and that is a big high. A lot has happened in the crypto world 🌎 which had made all crypto drop drastically but we are still positive that prices will bounce back.
In the case of steem token, we have seen a very good raise in early 2021 which is still possible. With the strategies of burning steem and other means, the steem token will surely raise to more than $1 in the nearest future. I'm certain that when the Bitcoin halving which is scheduled to take place by next year happens then every crypto including steem will raise again.
| What is the expected price of the Steem token in 2025? Give your opinion. |
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Based on my analysis, I believe we will be seeing steem at about $1.5 by 2025. I have said this because of my answers above. I wouldn't want to repeat myself on this hence the answer above helps to give the reason why I have predicted this question.
More also, based on the more acceptance of cryptocurrencies all over the world, there is a high probability that in the nearest future, we will be seeing the price rising exponentially and the case of the steem token is no different.
Steem Token and the steemit project is indeed a very nice project which has touched the lives of many in the world up till this very moment. I have complete confidence in the project and that is the more reason I have always staked my SP instead of withdrawing it. I'm confident that in the nearest future, we will weakness a breakout that will change our lives for the better.
Thank you, friend!
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