Why is the value of Steem coin decreasing?

in #coin21 days ago

I asked Google AI and this is what they answered:

"STEEM's value is decreasing due to a combination of factors, including the general downturn in the cryptocurrency market, technical trading breakdowns, and internal issues like lingering effects from the 2020 Hive hard fork, which eroded confidence and impacted community engagement. Low trading volume also makes the coin more vulnerable to amplified price swings, further contributing to its decline."

I hope these issues can be addressed and resolved and we don't lose Steem altogether.

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