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STEEM's value comes from its backing of a second crypto pegged to fiat (Steem Dollars SBD) and from its usefulness on the platform itself. The fact that they are both traded on different exchanges allows speculators to raise the value as well.

... cant wait till we can buy beers in the pub with Steem!!

funny_beer_moments_08.jpg
... first round is on me when it happens ;)

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 63476.24
ETH 2487.86
USDT 1.00
SBD 2.68