STEEM shocking the world!
STEEM shocked the crypto world by reaching a market cap of over $475.8 million as of Date 17th June 2017 and surpassing Golem as the 16th highest valued digital currency behind bitcoin by market cap.
Should You Invest In The STEEM Digital Currency?
I think personally, that investing in STEEM is one of the smartest moves while investing in Cryptocurrencies. Currently, as of 17th June, 2017 the third highest valued digital currency after Bitcoin and Ethereum is Ripple and the fourth one is Litecoins with market capacities of $10 Billion and $2.1 Billion respectively. But I can see that it’s only a matter of time that STEEM go’s UP again and beat Ripple and capture the third highest valued digital currency status by market capacity.
Seems like a $10 valuation is definitely on the cards for steem. Hope we reach It by the end of the year. I think that a permanent number 3 or 4 on the crypto list seems realistic. Have fun out there and good luck with future posts!
Yeah, hope so STEEM reaches $10 at least by the end of 2017. Currently it's position is 18th in Cryptocurrency world as of current market capitalization of coins. Hope it reaches 5th position at least this year. Thanks :) Good Luck to you.
STEEM is a bit of a hidden gem right now. With only 200,000 users the fact that its current speculated value is 0.1% of Facebook's market cap, which is sitting at $435.27B, means there is room to grow, but it leaves me skeptical of the valuation since it only has .01% of the Facebook Userbase. Of course Facebook has many ghost users and many who are likely no longer active. But the underlying engine that runs the system is absolutely disruptive because of its unique use of currency, and once we have millions on here benefiting we'll likely see it earn that valuation, and more. I'm invested, but am trying to remain realistic with my expectations.
STEEM has the potential to be in the Top 10 list of Cryptocurrencies. I wish it reaches $10 at least by the end of this year. This socal site is gonna play an eminent role to decide the future of STEEM coins
STEEM isn't a concept unlike many other hyped cryptos still under development or those that are active but do not have a real usecase as of yet due to poor adoption. STEEM is being used right here and a very strong community behind it is a positive sign for sure. It is undervalued, tremendously so if you compare it to the competing cryptos. It might take some time but a $1B market cap may be around the corner soon enough. Let's cross our fingers here.
steemit/steemq will be the next big social media platform
Yeah, you're right