Good Morning

in #steem7 years ago



Steem has dropped a notch to #30
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But that's NOT A BAD THING!

Steem's market cap is still over a $Billion...it's price is STILL about $4.00

For the last month it's done very well.

after a slight decline early on Steem has been trading sideways for the last week at about $4.00

Not bad.

So what's going on? Why has is it loosing market rank?

For one thing the Crypto-Space Market Cap is slowly increasing.
Right now it's

$ 464 Billion

It's slowly creep up to that half TRILLION mark.

The Crypto space is getting MORE money.

At the moment there are 31 coins whose market cap exceed $One Billion.

That's good.

BitCoin is currently at $9800...it's straining at the leash to cross over the psychological barrier of $10K.
BitCoin Cash is over $1600...Ethereum is over $800.

Steem's baby brother has regained all it's recent losses and is breaking new trail...at $18.
Way to go Bro!

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Great news! Steem will exceed 10 USD at the end of this year!

That could very well be correct.
I certainly hope so.

You seemed t have made a typo - i'll fix it for ya.."

Steem will exceed 10 USD at the end of this year week!

Correct sir

I believe steem will stabilize for now and push up again towards the end of the year.

Good morning @everittdmickey. Hope you slept well