Steem (STEEM) Tops One Day Volume of $10.87 Million

Steem (STEEM) traded 0.7% lower against the dollar during the 1-day period ending at 16:00 PM Eastern on April 16th. Steem has a market cap of $113.96 million and $10.87 million worth of Steem was traded on exchanges in the last 24 hours. Over the last week, Steem has traded 25.2% lower against the dollar. One Steem coin can currently be purchased for approximately $0.25 or 0.00000394 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $62,970.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.7% lower against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $482.04 or 0.00766385 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $79.11 or 0.00125768 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.87 or 0.00009329 BTC.
• Ethereum Classic (ETC) traded down 1.3% against the dollar and now trades at $25.93 or 0.00041233 BTC.
• Monero (XMR) traded 0.7% higher against the dollar and now trades at $121.26 or 0.00192795 BTC.
• Arweave (AR) traded down 7.4% against the dollar and now trades at $24.14 or 0.00038379 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $66.84 or 0.00106273 BTC.
• eCash (XEC) traded 2.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Steem Profile

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 459,899,383 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. The official website for Steem 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 currently possible to purchase alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to acquire Steem should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView