STEEM closed out 2024 with a monthly gain in December
Here are the STEEM monthly change visuals with an update for December, 2024. As reported by CoinGecko, the value advanced from $0.268262 at open on Dec. 1 to $0.279892 at close on Dec. 31, which is roughly 4.34% or by $0.01.
By percentages
And by value
That makes a total of five monthly gains for the year. It also gained during the full calendar year with an advance from $0.253983 at open on January 1 to $0.279892.
For whatever it's worth, January and February are Steem's most frequent historical gainers. Prices have advanced for 6 of 8 Januaries and 6 of 8 Februaries in Steem's history (with a running streak of 6 consecutive Februaries).
Looking at past history, January and February were very productive for Steem. I just realized that November was the same. I hope it gets the value it deserves.
0.05 SBD,
0.01 STEEM,
0.20 SP
You're right about November, though it has one extra year in the history. And November, 2024 was the best of the Novembers on record (by percentage).
Impressive to see STEEM closing 2024 with a gain, especially in a challenging market. The historical trends for January and February are intriguing—perhaps there's a seasonal pattern linked to community activity or crypto market dynamics? Let's hope this momentum will make 2025 even more rewarding for Steemians.
0.05 SBD,
0.01 STEEM,
0.18 SP
Yeah, my head tells me that the January/February thing is just a random coincidence, but it's hard to look at that graph and not think that there might be some sort of seasonal reason for it.