My Bull Coin Of The Week:STEEM

in Zero to Infinity3 years ago

Hello to everyone here. I hope we are all doing good.A big thanks goes to @tatpan and @zero-to-infinity community. Its yet another week of contest on the bull coin of the week.
And my coin of the week is STEEM.

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Steem is a cryptocurrency that reward user's for community building by posting and upvoting valuable content for others.
Steem is a cryptocurrency token that fuel a blockchain based decentralized social platform steemit that help people monetized the content they create. Steemit is the first app that that was built on the steem blockchain. It was launched in July 4 2016.
Ned Scott together with a blockchain developer Dan Larimera. The first steem blockchain app was launched in January.

One can earn steem from upvoting others posts.You can also earn steem by participating in contests in the blockchain, posting your own content can earn you steem dollars (SBD) which you can use to buy STEEM. Powering down of steem power(SP) will turn your SP to steem.

Steem can be traded,sold and exchange open market similar to other cryptocurrencies.

The reason why I think steem will pump is that, before Christmas,steem price to Ghana cedis was around Gh4.5, but during the festive season,it drops to Gh¢2.59 this afternoon. The owners know that people will need money for the Christmas so it drops down.So before the Christmas I think it will go back to around Gh¢3 to Gh¢4 or even Gh¢5.
Below is the statistics.
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Screenshot_20220112-133418.pngsource
Thank you for reading through.

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STEEM 0.17
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