Steem Trading Down 22.1% Over Last Week (STEEM)

Steem (STEEM) traded down 4% against the US dollar during the 1-day period ending at 9:00 AM Eastern on April 17th. In the last seven days, Steem has traded down 22.1% against the US dollar. Steem has a total market cap of $110.50 million and approximately $5.83 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be purchased for about $0.24 or 0.00000387 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $62,156.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.7% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $460.07 or 0.00740180 BTC.
• Litecoin (LTC) traded down 1.9% against the dollar and now trades at $77.10 or 0.00124049 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $5.87 or 0.00009445 BTC.
• Ethereum Classic (ETC) traded 2.4% lower against the dollar and now trades at $25.51 or 0.00041046 BTC.
• Monero (XMR) traded up 1.3% against the dollar and now trades at $121.21 or 0.00195013 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $23.80 or 0.00038286 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $64.67 or 0.00104051 BTC.
• eCash (XEC) traded 4.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Steem

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 459,949,038 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. 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. 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 presently possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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