Steem (STEEM) Market Cap Hits $79.71 Million

Steem (STEEM) traded 1.7% lower against the dollar during the 1 day period ending at 13:00 PM E.T. on September 15th. One Steem coin can currently be bought for $0.17 or 0.00000283 BTC on major exchanges. Steem has a total market cap of $79.71 million and $9.94 million worth of Steem was traded on exchanges in the last day. During the last week, Steem has traded 7.1% higher against the dollar.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.2% lower against the dollar and now trades at $59,841.26 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.4% lower against the dollar and now trades at $0.10 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $320.01 or 0.00534773 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.71 or 0.00009539 BTC.
• Litecoin (LTC) traded down 3.6% against the dollar and now trades at $64.14 or 0.00107184 BTC.
• Monero (XMR) traded 0.4% higher against the dollar and now trades at $170.30 or 0.00284592 BTC.
• Ethereum Classic (ETC) traded down 2.5% against the dollar and now trades at $18.15 or 0.00030323 BTC.
• Arweave (AR) traded down 2.9% against the dollar and now trades at $19.38 or 0.00032384 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $47.66 or 0.00079643 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 launch date was March 24th, 2016. Steem’s total supply is 471,482,938 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 website is steem.com. The official message board for Steem 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 currently 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, Coinbase or Changelly. 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