Today we were talking STEEM price on steemspeak.com and @whatsup introduced the #marchto100
The first few days of the year have started Altcoin season off with a bang. As more Bitcoin pours into coins like STEEM and more and more people find Steemit.com, we will see lots of new ATHs. I hope you've been accumulating but if you haven't it's not too late.
I'm calling it now that Bitcoin will lose it's dominance this year. It has gone under 50% of the market cap and soon a coin will challenge it's dominance. I'm not sure what coin will surpass bitcoins market cap, but it will happen.
I'm not bearish on Bitcoin btw, I'm just bullish on the overall crypto market. I'm seeing some coins with amazing tech and in a bull market you typically see bigger moves in small caps so it is clearly the place to be investing imo.
I think several DPOS coins will have an awesome 2018, but for mainstream adoption, I have still not seen a better killer app than Steemit.com. The community is already the coolest and most diversified in the cryptosphere.
https://coinmarketcap.com/currencies/steem/
The most exciting thing to me about the chart above is the volume spike. That is a sign of whats to come. Also that sweet accumulation period. The trend has now clearly reversed and looks very bullish for 2018.
If you study the long term chart for STEEM, it's clear that there is still time to accumulate.
With a BTC all time high of around .007, that would be about $100 right now. Buy the time STEEM starts to test it's ATH again, BTC will be even higher. Not only will STEEM reach $100, it will smash through it. Who knows where it will be when it is in real competition with Facebook and Reddit?
If you are a speculator, enthusiast, investor, blogger, social media user there is still time to get in on the rise of STEEM.
Also, don't worry if you don't have any money to invest because...