✪ STEEM ON THE PATH TO RECOVERY? - STEEM & SBD Price Report ✪ (Wednesday, 5th July, 2017)
Welcome to our Daily STEEM PRICE REPORT
Wednesday, 5th July, 2017
Wednesday, 5th July, 2017
Current price of STEEM and SBD on CoinMarketCap.com
STEEM's price today is at $1.78 with a 1.06% decrease in the last 24 hours.
It is currently ranked #15, by Market Cap which is at $419.52 million, with a 24 hour trading volume of $2.87 million.
SBD's price today is at $1.36 with a 2.76% increase in the last 24 hours.
It is currently ranked #218, by Market Cap which today is at $4.28 million, with a 24 hour trading volume of $166.23 thousand.
Let's take a look at the 24 hour Chart evolution of STEEM
Let's take a look at the 24 hour Chart evolution of STEEM DOLLARS
How STEEM and SBD evolved over the last 1 hour, 24 hours and 7 days
Today's bottom line:
STEEM ON THE PATH TO RECOVERY?
I think that STEEM is recovering quite nicely after last week's drop. We're seeing a pretty big increase in trading volume, and that's a very healthy indicator. STEEM has a great community backing it up, and that's what matters most for any crypto coin, the tech and the people behind it, and we have both!
SBD on the other hand keeps going down, loosing more than a quarter of it's value in the last week, which means that it might actually be a good time to power up your account instead of relying on the SBD you get as rewards. The closer the price of SBD goes to $1.00 the better it is to pivot more towards STEEM POWER rather than the liquid SBD.
Missed yesterday's STEEM & SBD Price Report?
So did I ... but you can find the one from Monday here...
I highly encourage you to check these reports as well...
That's about it for today! Hope to see you tomorrow :)
If you found this post useful, and would like to see more content, and insights into what's going on with STEEM and STEEMIT, there's only 3 things you need to do...
I have no doubt in my mind that Steemit will recover and surpass where it was pre- dip.
I tend to think the same. That's why I'm holding to my STEEM and stacking up on STEEM POWER. My friends ask me why I don't cash out the rewards, haha. They think that if I don't have the money in my pocket it's "monopoly money" ...
i love that post!
Umm, thanks! hope you found it useful :)
steemit to 5$ in one month, mark my words
Well, since my portfolio is made up of 80% STEEM, damn I hope you're right! It won't probably go that high, that fast, but maybe until the end of the year?
We can only hope for Steem to go on an uptrend!
As long as it's organic and steady, for sure. We have the community, the traffic, the tech, basically everything we need to back a steady growth curve :) We just need to see it happen
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thank you! When you say its a good time to power up, do you mean by investing from outside sources in steem power or by trading the rewards we earn. I am new to steemit if you hadn't guessed lol please excuse me if this is a stupid question!
Bringing outside money to Steemit is always a big help, but not necessary. You can just power up the rewards you're getting here, and basically invest them for the long run.
@lifewithcrypto got you a 8.43% @minnowbooster upvote, nice!
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