Steem Price Tops $0.24 (STEEM)

Steem (STEEM) traded down 3.9% against the dollar during the twenty-four hour period ending at 21:00 PM Eastern on April 17th. One Steem coin can now be purchased for approximately $0.24 or 0.00000394 BTC on major exchanges. Steem has a market capitalization of $111.36 million and $8.97 million worth of Steem was traded on exchanges in the last 24 hours. Over the last week, Steem has traded 25.1% lower against the dollar.

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

• Bitcoin (BTC) traded 4% lower against the dollar and now trades at $61,428.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.7% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $462.00 or 0.00752771 BTC.
• Litecoin (LTC) traded 0.5% lower against the dollar and now trades at $79.83 or 0.00130066 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.85 or 0.00009533 BTC.
• Ethereum Classic (ETC) traded down 3.9% against the dollar and now trades at $25.35 or 0.00041304 BTC.
• Monero (XMR) traded 5.1% lower against the dollar and now trades at $116.46 or 0.00189759 BTC.
• Arweave (AR) traded 2.6% lower against the dollar and now trades at $24.46 or 0.00039858 BTC.
• Bitcoin SV (BSV) traded 3.8% lower against the dollar and now trades at $64.60 or 0.00105252 BTC.
• eCash (XEC) traded down 6.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Steem Coin 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 459,988,705 coins. Steem’s official message board is steemit.com/@steemitblog. 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.

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 U.S. dollars. Investors seeking to acquire Steem should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX 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