Could we begin to see a 10:1 trading pair between TRX and Steem as the Tron + Steem Social Media Network continues to grow?

in #steem5 years ago

#Promo-Steem - Helping to Support and Promote the #Tron + #Steem Social Media Network

Steemit Steem Blog.jpg

#Tron + #Steem Social Media Network

Could we begin to see a 10:1 trading pair between #TRX and #Steem as the #Tron + #Steem Social Media Network continues to grow?

Earlier on I mentioned that there was something extraordinary going on with the price of #Steem and for those that may have missed the Blog, here are the two slides I shared.

Cover Slide

Steemit Steem Blog.jpg

2021 YTD Chart for #Steem

Steemit Steem Blog.jpg

#Steem - Current Price = $0.6239

#TRX Price Chart

Over the past few months I have been monitoring the #TRX and #Steem trading pair and today I thought I would share with you what I think may be happening.

Having seen the #Steem price chart when we look at the #TRON #TRX price chart this is what we see.

#TRX Price Chart from 01/08/2018

Steemit Steem Blog.jpg

#TRX Price Chart

As you can see from the above chart this is the price of #TRX going as far back as August 2018.

However, if you concentrate on the price from the start of this year 01/01/2021 here is the chart.

#TRX Price Chart from 01/01/2021

Steemit Steem Blog.jpg

2021 YTD Chart for #Steem

Here is a re-cap on the 2021 YTD Chart for #Steem.

#Steem Price Chart from 01/01/2021

Steemit Steem Blog.jpg

10:1 trading pair between #TRX and #Steem

Steemit Steem Blog.jpg

Bullish for #Tron and #Steem

Could we begin to see a 10:1 trading pair between #TRX and #Steem as the #Tron + #Steem Social Media Network continues to grow?

It would certainly show the strength of the two blockchains working closely together and is something that I am sure The Market will be keeping a very close eye on.

Thanks again for reading.

Stephen

#Promo-Steem - Helping to Support and Promote the #Tron + #Steem Social Media Network


Steemit Steem Blog.jpg

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I had noticed this parallel movement too. It makes sense. The higher the TRX price goes, the more attractive Steem becomes as a way for a curator/investor to collect both TRX and STEEM. Not sure that they'll stay lockstep at 10:1, but I would expect a strong correlation.

I strongly agree with the opinion of Mr. @stephenkendal, and I am very sure the price of steem will pass the sbd price, thank you very much, Mr. @stephenkendal.

Steem price is about to meet your target and it can cross your target before april. #trx #tron #steem #promo-steem

I think this is the advance message of boom #steem.

Maybe steem grow up this time in a high level

Go ahead STEEM/TRX/SBD!

Loved to hear positive news about tron and steem. Thanks for sharing sir 💖

We really appreciate your daily update on cryptocurrency on steemit.com

El limite es el cielo... llegaran tiempos mejores...

Of course we would like to see Tirex and Steam pair training.We want to get full support in this regard on social media.I want everyone's support for the activities of the platform.Thanks for sharing your post.