Steem has dropped a notch to #30
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But that's NOT A BAD THING!
Steem's market cap is still over a $Billion...it's price is STILL about $4.00
For the last month it's done very well.
after a slight decline early on Steem has been trading sideways for the last week at about $4.00
Not bad.
So what's going on? Why has is it loosing market rank?
For one thing the Crypto-Space Market Cap is slowly increasing.
Right now it's
It's slowly creep up to that half TRILLION mark.
The Crypto space is getting MORE money.
At the moment there are 31 coins whose market cap exceed $One Billion.
That's good.
BitCoin is currently at $9800...it's straining at the leash to cross over the psychological barrier of $10K.
BitCoin Cash is over $1600...Ethereum is over $800.
Steem's baby brother has regained all it's recent losses and is breaking new trail...at $18.
Way to go Bro!