Daily Steem Price Report 27/06/18

Market Sentiment

We cannot overemphasize the fact that Steem is one of the most promising cryptos in the market today. However, the market sentiment at the moment appears to be bearish with the price of bitcoin taking a critical position in the order of things.

Current Rank in the Last 24 hours:

35th place. This is a stagnant position.

STEEM Price: Yesterday vs Today!

Steem is presently trading at $1.26 (-2.8% in the last 24 hours). On a broader perspective, in the last 30 days, the price of Steem has fallen by 212% and by 307% over the last 60 days when it traded at $3.87 on April 27th 2018.

The Steem Marketcap Vs. Trade Volume in the Last 24 Hours

The Steem Marketcap as at the time of filing this report is $344,615,504 while the trade volume in the last 24 hours is estimated at $902,686. Comparatively, the trade volume of Steem has decreased by an average of 1% across the major exchanges in the past 24 hours. I am sorry to be a bearer of bad news. Let's hope the situation improves soon.

Steem, to Hodl or to Sell?

It is time to hodl your Steem because the correction we are seeing now is healthy and would welcome the forthcoming bullish run. Or what shall it profit a man if he sells his entire Steem and is found wanting when the bulls come?

NOTE

This report was compiled relying on the statistics from the reference provided herein. While we did our best to ensure that the information provided here is correct, @steemitcentral all not bear any liability arising from any misinformation in this report.

See you again tomorrow for another edition of the evening Steem Price Report.
Reference
https://coinmarketcap.com/currencies/steem/

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