Why I Think STEEM Currency Could Be the Next Big Alt Coin Winner
The Crypto Markets are Exploding, but what Currency is still Worth Investing In?
For many of us that have been in the crypto world for years, we have seen unprecedented growth on some coins but not our favorite coin STEEM. Despite the STEEM Blockchain being one of the best blockchains in the world, and one of the most decentralized. So does this mean STEEM is due to see fantastic growth very soon? Yes. I do.
Bitcoin since it's inception is up 58,000+% and will continue to go up.
Doge Coin, which has no application built on it, and is basically a meme coin that people pump and dump, is up to some crazy level today. I would not buy into this at this point. So where would I go invest since DOGE is already too peaked for me to trust it will go higher in the short term?
Well if we look at other coins like Ethereum which is similar to STEEM as it is a blockchain that other coins can be made on, and supports many applications we can see the ETH price is off the charts as well.
So looking at STEEM as an investment, it looks like it is ready to explode as these other coins have. It is just trailing behind them slightly, but STEEM like Ethereum has a lot of value in it's blockchain.
STEEM has a ton of potential, and yes it is up 87% since it's inception but compared to these other coins it has not seen the crazy growth and is not yet at an all time high. I think HIVE is about to explode or should explode as it is the best blockchain technology that is not yet at 58,000% growth or higher.
Time will tell, but that is my take.
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Will do, thanks for the information! Cheers!
Thank you for your feedback. :)
I’d be happy if steem went back over $5!