Darting Steem Fast In Cryptocurrency Market - Now Located In Third Position

 Darting Steem. Currently, there have been around 603 types of cryptocurrency based coinmarketcap.com. Steem, one cryptocurrency with social media platforms Steemit, now bolted in position to three. That said, the achievements of this Steem fast enough, has even managed to overtake DAO, litecoin, and also in the top five biggest Ripple.

Steem with Steemit platform, first introduced early last May. Manned by Ned Scott as CEO, as well as Larimer Daniel Steemit CTO and founder Bitshares. Steemit, become a core platform that drives success Steem. Social media platforms thick cryptocurrency nuanced, functioned to distribute coins steem to its users.

Distribution steem coin was given to the user who has posted the content, and also through the vote. Steem breakthrough results quite remarkable. Cryptocurrency is arguably still recently successfully darted rapidly in the third position.

Whereas on 3 July, Steem still in fifteenth position. Its market capitalization amounted to $ 15,009,110, with volume reaching $ 8,351. But it turns out just a few weeks, Steem was in the third position. On July 20, 2016, today, the market capitalization also increased, mencapa $296,231,190 with a volume of $ 669.930.

Could be, the success of this Steem will also be placed in the second position, replacing Ethereum. But it all depends on the extent to which the success of the plan hardfork Ethereum which will be conducted today. Hardfork is done to address the recovery of DAO funds that had previously been successfully broken in June.

If you look at the market and the approach pattern Steemit, maybe it could happen. Steemid social media platform is indeed proven to encourage users to adopt in a relatively quick time. And of course, users are more motivated because they can also benefit reward, the distribution pattern Steem this way.

Ned Scott at the beginning of the launch Steem rate, this distribution pattern has become crucial. And it must be a lot of interesting content creators interesting in Steemit. So that the distribution of coins can also flow in the market. Although at this time the platform Steem Steemit managed to reach the third position, if possible Steem managed to rank second Ethereum replace, or even down. We will see later.