This week there was a major drop in 90% of the cryptocurrencies.
STEEM was listed on Binance.com in the last days also, which resulted in a drop of STEEM aswell.
According to worldcoinindex.com, here are STEEM prices on some of the biggest exchanges:
On the next screenshot you can see STEEM's price in the last 7 days:
As you can see here, the STEEM price went down to under 3.40 USD right after it was listed on Binance. Most of the newly listed coins on Binance get a major jump in the first days on the platform and then they go down for -50% or something similar. STEEM didn't work this way. It went down to around -50% and it is slowly going up. I think it will continue going up in the next days/weeks and maybe reach even 10 USD in the nearby future.
Meanwhile Bitcoin's price went down to 8000 USD and now it is around 8600 USD. Ethereum, Litecoin, Bitcoin Cash, all of them went like -15-20% in the last 24 hours. I highly doubt they will go down a lot. Probably will start goin up in the next few days.
TRX's price, a crypto I think has a great future, is currently set to 0.04 USD. Its price is staying like this for around 2 weeks after it was 0.20 USD in the start of January. Soon we are expecting TRX coin burn which will probably increase its price.
Remember, all of this is my personal opinion. Feel free to share yours.
Thanks for your attention.
Yours faithfully, Svetozar.
