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It could do it, be sure you understand the difference between Steem, Steem Power, and Steem Backed dollars..

These charts are for Steem :)

Welcome aboard !

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STEEM 0.29
TRX 0.25
JST 0.040
BTC 94026.61
ETH 3324.25
USDT 1.00
SBD 7.55