STEEM: Every wondered just how much cash is pouring into Cryptocurrencies lately, this should help..!!

in #steem7 years ago (edited)

STEEM - RANKED No. 15 (Price = $1.30)



Have you every wondered just how much cash is pouring into Cryptocurrencies lately?

Well hopefully this will help..!!

A few days ago I published a Blog showing the Total Market Capital of Cryptocurrencies.

This was the screenshot that I shared.



A few days ago the Cryptocurrency Market stood at $69,340,217,212 and has since grown to $78,655,935,487 representing a total of no less than $9,315,718,275 that has poured into the Market in the matter of a few days.

Though STEEM may have slipped in the ranking from Number 11 to Number 15, its Market Capital has increased from $301,972,525 to $303,927,045 and still remains a mere 0.4% of the overall market.

At $1.30, STEEM is cheap, it is VERY, VERY, VERY CHEAP and I am sticking firmly to my imminent Target Price of $2.80.

When people finally realise, and they will, the sheer brute force potential of STEEMIT and the STEEM ECOSYSTEM, at $2.80, or a Market Capital of approximate $655 million will seem like POCKET CHANGE in the overall scheme of things.


Thanks again for reading.

Stephen

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Shared on twitter. Stephen

Shared on LinkedIn. Stephen

Most certainly undervalued. Nice post.

My target price for end 2017 is $3.30

$2.80... Not bad ...But i think will rise more than That.. What about $5 in the end of year ?
Thanks for sharing

I also think it will increase in price eventually. This site becomes more popular everyday.

Thank you for the nice piece. Might invest some in Steem now :)

I'm not even going to speculate on end of year price, but this certainly feels like the place to be at present. Thanks for the post Stephen.

Wow! Thank you 🔥💞🙏

I feel so stupid for missing a chance to buy it at $0.30

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