Steem - When you add a new coin and it immediately starts outperforming the rest...
It's always nice when you add a new coin and it immediately starts doing well
Steem has seen a handful of new exchange listings over the past week or so.
As it turns out, being in the press is almost always good news.
More on those listings can be seen here:
https://steemit.com/hive-168689/@jrcornel/steem-steem-gets-yet-another-new-exchange-listing
https://steemit.com/steem/@jrcornel/steem-another-exchange-adds-steem
https://steemit.com/hive-168689/@jrcornel/steem-define-irony
https://steemit.com/hive-168689/@jrcornel/steem-steem-now-listed-on-poloniex
Biteeu adds STEEM and it immediately starts performing
As an exchange, it is always nice to add a new coin and immediately see it show steady volume and healthy price action.
Perhaps some of that is due to the exchange listing itself, but when its a small exchange like this one, it's probably not:
(Source: https://twitter.com/HenryMinterARt/status/1237477205606793216)
We want exchanges to be happy with their steem inclusions.
The happier they are they more likely steem is to remain there and the more likely other exchanges are to follow suit and add steem as well.
Steem continues to climb the ranks overall:
(Source: https://coinmarketcap.com/currencies/steem/)
Now listed as the 62nd most valuable crypto project.
Up a spot form the day before.
Stay informed my friends.
-Doc
Glad to see #steem holding up and the community is growing.
Hopefully we ALL work together to push #steem higher.
Posted via Steemleo
All this good news, and you might have to color me bullish on STEEM! It's still a mouthful to share with others, but I realize short, concise sentences does the trick. After all, the source of their hesitation is also my risk. I could be flitting about elsewhere but it seems peculiar to me that a project with such a robust infrastructure ranks among the lower priced altcoins. Time will tell, so it goes.
Dont you think it's because some exchanges (Binance, Huobi...) powered up their STEEM so it is causing a lack of liquidity on their market and the price is rising up due to that?
That is part of it, though the biggest reason is that people are buying steem on bittrex to keep their witnesses voted in.
We are STEEM, we will make it known to the whole world!
It's the Justin Sun effect... lol... He did dig a hole so deep and now filling it with STEEM so he can be level with other people.