STEEM - Prices surging a bit, will it hold?
The price of steem is seeing some nice momentum today
As I type, steem is currently trading at $.134.
Which is up over 10% on the day in both dollar and bitcoin terms.
It's the highest price we have seen on steem in the last week:
(Source: https://coinmarketcap.com/currencies/steem/markets/reported/)
Nice to finally see some green!
We haven't seen too many 10%+ moves on steem within the past few months, it's sure nice to see one here.
This price move appears to be for real as multiple exchanges are all showing higher prices on the day as opposed to one or two exchanges manipulating the price on coinmarketcap like we have seen at times.
Check it out:
(Source: https://coinmarketcap.com/currencies/steem/markets/reported/)
Mostly just a steem story...
Bitcoin is currently down and not many coins are pumping as of right now.
In fact, many of the coins around steem on coinmarketcap are actually red right now a decent amount.
With some down double digits.
This has allowed steem to also move up the ranks on coinmarketcap a few spots.
Currently sitting in 87th place:
(Source: https://coinmarketcap.com/currencies/steem/markets/reported/)
Not a great spot from where we once were, but anytime steem is moving up, I will take it.
Hopefully we are able to hold the gains!
Stay informed my friends.
-Doc
All depends on whether the rumors are true or not.
Rumors?
Justin Sun acquiring Steemit.inc.
Whatsup caught a rumor on a news blog. Check her post.
Thanks for the heads up. Checking it now. Acquiring Steemit.com or Steemit.inc?
I'd guess It's probably Dan or one of our whales that pushed the price.
The surge happened almost completely in sync with her post going up and Dan did like it.
https://steemit.com/steem/@whatsup/article-states-that-justin-sun-and-tron-will-acquire-steemit
If you read through the post theres really nothing suggesting the rumor is true. Id assume the guy that wrote it just wanted eyes on his blog. Its just guess work.
Which rumors is he referring to?
Maybe Rumor of Tron.. Rumor... Rumor.
I would love it if that rumor were true. Steem needs some publicity and flair and he brings plenty of that, plus he actually has some cash.
Oh maybe that's because of my cheeky 5K steem purchase? Probably not. Feels like a lot of money for me, but a drop in the ocean.
Still feels like a good time to buy!
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