STEEM holding up better than most!

in #steem4 years ago

STEEM hasn't been impacted as much as some by all the turmoil these last couple days

Interestingly enough, STEEM has been holding up decently well.

In the past when BTC and the rest of the market dropped like it did, STEEM fell even faster.

$.95 might not sound great compared with $1.20, but it's a lot better than $.60!

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(Source: https://coinmarketcap.com/currencies/steem/)

Not to mention it is still hanging around 150th on Coinmarketcap.

The lows were in the 140's recently and the highs were in the 180's in terms of rankings.

I'd say hanging around 150's after all that drama is pretty good.

image.png

(Source: https://coinmarketcap.com/currencies/steem/)

I wonder if the wallets going down has helped bitcoin from falling further than it did.

My guess is that it has.

It prevented people from panic dumping their STEEM at the lows.

Not sure why the wallets were down but the timing is pretty interesting when you think about it.

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I've not been involved with steem in several years, but I am glad to see that it is mostly holding up still.

Good information