You read this title and probably was a bit skyptical about this prediction. Right?
Let me tell you why steem will be worth $7 by 2018
First, the value of bitcoin!
Bitcoin currently runs at a steady 15-16k
The problem comes when we relate the value of steem to bitcoin (which you should do) if we compare bitcoin growth to steem growth steem should be worth at least $4 right now! (Which it is getting close)
Not only that but steem is just overall growing in users and including that steem should be $6 meaning it is undervalued!
Second, markets like HitBTC are already selling steem for $5
Not only this, but people are interested at buying at these prices!!
Third, the euphoric growth! This is actually a slight negative... Although this could be a strength!!
As we can see this was the price of steem throughout the last 30 days!
As you can see the price has almost tripled through the last 30 days! Although this could be worrying, which it isn’t, people are only know realizing the value of steem! Also many social media influencers who work with crypto have started turning to steem as their new reddit! Such as @crypto-investor who recently made it clear he only responds to comments on steem from now on! Think of all the users these influencers will bring in!
That’s why a $7 steem by 2018 is clear!
NOTE: take everything I say as an opinion, and make your own choices (aka. Don’t blame me)