Steem Price Up 4% Over Last 7 Days (STEEM)

Steem (STEEM) traded 1.2% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM ET on June 27th. In the last seven days, Steem has traded 4% higher against the U.S. dollar. Steem has a total market capitalization of $93.67 million and approximately $1.72 million worth of Steem was traded on exchanges in the last 24 hours. One Steem coin can now be purchased for $0.20 or 0.00000328 BTC on popular exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $61,481.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.13 or 0.00000203 BTC.
• Bitcoin Cash (BCH) traded up 3% against the dollar and now trades at $388.49 or 0.00632029 BTC.
• Litecoin (LTC) traded 2.5% higher against the dollar and now trades at $72.94 or 0.00118665 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.77 or 0.00009391 BTC.
• Ethereum Classic (ETC) traded up 1.2% against the dollar and now trades at $24.00 or 0.00039040 BTC.
• Monero (XMR) traded 1.4% higher against the dollar and now trades at $166.60 or 0.00271033 BTC.
• Arweave (AR) traded up 0.9% against the dollar and now trades at $26.62 or 0.00043302 BTC.
• Bitcoin SV (BSV) traded up 0.9% against the dollar and now trades at $45.40 or 0.00073868 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem (CRYPTO:STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its launch date was March 24th, 2016. Steem’s total supply is 465,158,858 coins. The official message board for Steem is steemit.com/@steemitblog. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. Steem’s official website is steem.com.

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 possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the aforementioned exchanges.

STEEM/USD price chart by TradingView