Steem is crushing it today as trade volume goes bananas.
I wonder if this price spike across the market is in anticipation of US Residents getting their income tax returns, with whales hoping to buy low and sell higher to them? Whatever the reason, April once again is showing itself to be a strong month for prices.
The 3.5 day Price feed for Steem is still $1.805, which means right now (for 50/50 reward option) each $1.00 worth of post payout will reward you with a minimum of 0.208 Steem Power.
Steem marketshare jumped up today, And is in the green by double digits against the USD, Bitcoin and Ethereum trading pairs.
Just a friendly reminder to anyone using upvote bot services; as the price of Steem increases, the Steem Power gained from a post payout diminishes. These services may lose their usefulness as the price of Steem goes up, so calculate your long term growth wisely. See my post on this topic here.
Steem Stats
| Last Closing Price | $1.96 |
|---|---|
| Price 1 Year Ago | $0.155738 |
| 1 Year Growth | 1258.52% |
| 3.5 Day Feed Price | $1.805 |
| Marketcap Rank | #29 |
| Current Marketcap | $619,136,052 |
| Current Marketshare | 0.207% |
| 24 Hour vs. USD | +28.79% |
| 7 Day vs. USD | +41.92% |
| 24 Hour vs. BTC | +15.57% |
| 7 Day vs. BTC | +25.79% |
| 24 Hour vs. ETH | +16.36% |
| 7 Day vs. ETH | +17.08% |
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Steem Trade Volume
source
Steem Dollar vs Steem
source
Steem vs. USD
Logarithmic Chart - 1 Hour Increments
Steem vs. Bitcoin
Logarithmic Chart - 1 Hour Increments
Steem vs. Ethereum
Logarithmic Chart - 1 Hour Increments
Thank you for reading. Try to keep your head attached in these crazy and blood-thirsty crypto markets.
Steem Guides (in reading order):
For Dummies: How Steem Post Payouts Work
Upvote Buying & the Steem Power Snowball Effect
Want to make money while helping to clean the garbage up on Steem? Report plagiarism, theft, tag abuse, comment spam, post spam, and other Steem abuse that degrades the Steem Platform to @steemcleaners with their reporting tool. If you provide good evidence, they will investigate and deal with the abuser. A week or two later they usually reward you in Steem Power. It's a win-win for everyone, just don't abuse the abuse reporting tool itself.
Want to grow your steem power faster?
try smartsteem
and steemfollower
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