#Steem at +$7.50..!!
#Steem at a Market Capital of $1.87 billion..!!
Could #Steem be worth +$7.50, with a Market Capital of $1.87 billion and Ranked Number 10 in the Cryptocurrency Market?
Yes, why not..!!
Let me explain.
As previously predicted, #Steem hit a high of $2.80 and achieved this on Friday 9th June 2017.
For the ones who missed this prediction, here is the link....
The prediction was made on Monday 15th May 2017.
After #Steem hit the predicted high of $2.80 achieving it on Friday 9th June 2017, the following day #Steem closed at $2.24.
On that day (Saturday 10th June 2017) #Steem was valued at 0.00092658 BTC.
Taking the current #Bitcoin Price, which should be noted is rising at a price of $8,181.00, this would leave #Steem at 0.00092658 x $8,181.00 = $7.58..!!
At $7.58 this would give #Steem a Market Capital of $1.87 billion and would put it just back into the Top 10 Cryptocurrencies by Market Capital, ranking it at Number 10..!!
To put things into real perspective, this time last year #Steem was Ranked at Number 7..!!
Back to the original question
So back to the original question, could #Steem be worth +$7.50, with a Market Capital of $1.87 billion and Ranked Number 10 in the Cryptocurrency Market? Yes, why not..!!
Thanks for reading.
Stephen
Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.
