Steem (STEEM) Reaches Market Cap of $77.73 Million

Steem (STEEM) traded 3.7% lower against the US dollar during the one day period ending at 19:00 PM ET on September 15th. One Steem coin can now be purchased for approximately $0.16 or 0.00000280 BTC on popular exchanges. In the last seven days, Steem has traded 2.8% higher against the US dollar. Steem has a total market capitalization of $77.73 million and approximately $10.62 million worth of Steem was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 2% against the dollar and now trades at $58,804.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.7% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded 3.8% lower against the dollar and now trades at $315.44 or 0.00535880 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.71 or 0.00009693 BTC.
• Litecoin (LTC) traded 4.2% lower against the dollar and now trades at $63.27 or 0.00107477 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $170.47 or 0.00289590 BTC.
• Ethereum Classic (ETC) traded down 4.4% against the dollar and now trades at $17.77 or 0.00030194 BTC.
• Arweave (AR) traded 5.5% lower against the dollar and now trades at $18.94 or 0.00032171 BTC.
• Bitcoin SV (BSV) traded 4.3% lower against the dollar and now trades at $46.46 or 0.00078922 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Coin Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 471,502,698 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official message board is steemit.com/@steemitblog.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Steem Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView