Steem Achieves Market Cap of $77.81 Million (STEEM)

Steem (STEEM) traded up 2.9% against the US dollar during the twenty-four hour period ending at 23:00 PM ET on September 9th. Steem has a market cap of $77.81 million and approximately $14.17 million worth of Steem was traded on exchanges in the last 24 hours. In the last seven days, Steem has traded 0.8% higher against the US dollar. One Steem coin can currently be bought for approximately $0.17 or 0.00000292 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 2.9% against the dollar and now trades at $56,654.47 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.2% higher against the dollar and now trades at $0.10 or 0.00000181 BTC.
• Bitcoin Cash (BCH) traded 4.2% higher against the dollar and now trades at $319.34 or 0.00563607 BTC.
• UNUS SED LEO (LEO) traded 3.6% higher against the dollar and now trades at $5.60 or 0.00009891 BTC.
• Litecoin (LTC) traded 0.7% higher against the dollar and now trades at $60.66 or 0.00107052 BTC.
• Monero (XMR) traded down 0.1% against the dollar and now trades at $170.75 or 0.00301363 BTC.
• Ethereum Classic (ETC) traded up 1.6% against the dollar and now trades at $18.21 or 0.00032135 BTC.
• Arweave (AR) traded 0.1% higher against the dollar and now trades at $20.35 or 0.00035918 BTC.
• Bitcoin SV (BSV) traded up 3.8% against the dollar and now trades at $45.92 or 0.00081037 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Steem

Steem is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. Its genesis date was March 24th, 2016. Steem’s total supply is 471,040,332 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official message board for Steem is steemit.com/@steemitblog. 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.

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

STEEM/USD price chart by TradingView