Steem relegated to 254 rank on CoinCap.io

in #steem5 years ago (edited)

Nueva imagen de mapa de bits (2).jpg

Sometimes when the bullish market is on fire it seems evident the huge bubble that some cryptos have, Bitcoin raised this week to the 5000 rank and with it the rest of main cryptos, some of them in reasonable percentages some other in exponential ranges of growth. Steem on the other hand had a singular behaviour, seems like our favourite crypto is a cautious one, hadn't increase its value in big rates until six of April, several days later than the rest.

Looking the ratings and the volume of other cripto one might think that these are bad news, but is this behaviour really bad?.

I don't think so, imho this reflects perfectly that our coin is much more stable than others for one simple reason, it isn't the best coin to especulate with, because has a big real market in which the people tends to collect benefits when there are big peaks in the chart. The blockchain users are more cautious than the traders that speculate with other coins.

Steem is slowly reacting to the market, so if my impression (is only that, an impression) is right and the bull market confirms it's growth, could be a very good moment to change our SDB for STEEM.

This is not a financial advise and blah blah blah.

See you dear steemians.

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Yes, I noticed this error too.

Oh so it's an error of the page. LOL and I thought that was a consequence of the market, thank you for clarify that :).

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