Steem - Weiss Crypto Ratings likes the Steemit/Tron Partnership, Steem now ranked inside Top 10!
The industry has taken notice of the recent developments between Steem and Tron!
One of the largest and most well known Crypto Ratings firms had good things to say about the recent Steemit/Tron collaboration.
Weiss Crypto Ratings posted a warm comment this morning regarding the Steemit/Tron partnership.
The comment came from their Twitter page and can be seen here:
(Source: https://twitter.com/WeissCrypto/status/1230040593021231105
It was mostly in reference to Sun and his ability to grow the Tron ecosystem via acquisitions, but considering he is now the largest single holder of steem and the new owner of steemit.com, what's good for him is also likely good for us.
Steem now ranked on first page at Weiss!
Steem now finds itself on the first page of the Weiss Crypto Rankings site, currently sitting around the 10th spot...
Check it out:
(Source: https://weisscrypto.com/en/cryptos/screener/shared/coins-by-market-cap)
Technically, it is tied for 7th with a handful of other crypto projects with a B- rating.
Interestingly enough, STEEM continues to rank higher than Tron, even after the recent news
In order to find Tron on that same list, we have to scroll down to the second page...
Tron currently sits tied for 12th with a C+ rating:
(Source: https://weisscrypto.com/en/cryptos/screener/shared/coins-by-market-cap)
It remains to be seen how this deal will ultimately shake out for steem/steemit.com/tron, but at the very least it reminded the industry that steem is still alive and well.
I can't think of another time when steem/steemit was in the news MORE than it has been in the last week.
Stay informed my friends.
-Doc
Are the Weiss links you have included the correct ones? They go to the Coins by Market Cap rankings and Steem isn't in the top 10 there!
I believe Steem did briefly make it in the top 10 on the Coins by Rating page...
But now they slipped to #11 last night after Tezos moved back up.
Yes they are the correct ones. You just have to sort by rating instead of market cap. Steem was on the first page, tied for 7th overall as of an hour ago.
Great thanks, got it now.
Justin Sun certainly brings a great deal of publicity. He is good at getting the name out there.
We will see how the entire situation unfolds. Steem needs to keep building upon its independent status though.
Posted via Steemleo
Yep, agreed.
Justin Sun really had a positive impact on steem @jrcornel I hope that this would continue. :)
He certainly has gotten people talking about it again!
Wow! What a turnaround in sentiment from where we were at, only a few days ago. Thanks for the awesome info, bro. :)
Yep, compared with a few months ago, steem feels like a completely different animal sentiment wise.
Last time I read that Steem ranks so high in the Weiss ranking, the price of Steem was still north of 1 USD....
Perhaps this time the ranking will precede the price going up.
It's really good to see this @jrcornel.
Maybe this will be enough to finally break a long-term trend of Steem being rated really favorably and yet the token's value being in an eternal downslide. At some point — at least in conventional investing — you reach a critical mass where an asset is so undervalued that the price suddenly explodes when everyone discovers they can buy genuine gold coins for a quarter...
Let's hope that happens here.
Yep, good point. I think we could be on the precipice of that. With SBD back over a dollar and the debt ratio under 10%, that reduces some of the new supply coming out and also puts some upward press on steem as people sell sbd for steem. In my opinion the key to making steem run is simple...
Just get SBD well over $1 and it pulls steem way up with it!
Do you think they'll keep the SBD?
The Steem B- rating actually came out on Friday, the day before the Steem/Tron announcement. Either way, I think this all appears to be very positive for Steem price going up. Downside for me, the majority of my steem is powered up. I find my self having to power some down in case of volatile price action, but lose the dividends from being powered up and delegating. Can't have it both ways...
It seems any advertising is good advertising for Steem blockchain at present. Great to see these ratings manifest from the reputable Weiss. I wonder where the Chinese ratings will put Steem now. Tron and all the Asian coins do well there usually, even better than Bitcoin.
Good point... They are likely due out within the next few weeks as well.
Wow!!! What a news!
For sure. The price of steem is 10 times higher and I wrote recently a post about steem being mentined in twitter much more. We have almost 200K impressions compared 86K a day in twitter ! We are doing much better than tron. Our community seems bigger.
Don't be fooled by the price of the currency. The market cap is what matters, and Tron smokes STEEM there. It's not even close. It's something like $75 million compared with $1.5 billion.
I hope our ranking and activity in the web and in steem itself will lead to better market cap. I'm just trying to be a bit positive now after what's happened. I hope steem blockchain will exist forever.