Steem (STEEM) Market Cap Reaches $46.50 Million

Steem (CURRENCY:STEEM) traded down 3.2% against the U.S. dollar during the one day period ending at 16:00 PM Eastern on December 11th. Steem has a market cap of $46.50 million and $1.24 million worth of Steem was traded on exchanges in the last 24 hours. During the last seven days, Steem has traded up 8.3% against the U.S. dollar. One Steem coin can currently be bought for about $0.13 or 0.00001828 BTC on cryptocurrency exchanges including Bittrex, Huobi, Upbit and Binance.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded down 1% against the dollar and now trades at $7,198.53 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $206.80 or 0.02875695 BTC.
  • Unobtanium (UNO) traded 3.9% higher against the dollar and now trades at $42.42 or 0.00589484 BTC.
  • Namecoin (NMC) traded 4% lower against the dollar and now trades at $0.40 or 0.00005607 BTC.
  • Counterparty (XCP) traded down 6.4% against the dollar and now trades at $1.46 or 0.00020229 BTC.
  • Terracoin (TRC) traded 1.6% higher against the dollar and now trades at $0.0751 or 0.00001045 BTC.
  • Color Platform (CLR) traded down 9.1% against the dollar and now trades at $0.0095 or 0.00000132 BTC.
  • Crown (CRW) traded 3.3% lower against the dollar and now trades at $0.0398 or 0.00000554 BTC.
  • PIXEL (PXL) traded 2.7% lower against the dollar and now trades at $0.0179 or 0.00000249 BTC.
  • CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.00000392 BTC.

About Steem

STEEM is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 4th, 2015. Steem’s total supply is 370,668,940 coins and its circulating supply is 353,694,846 coins. Steem’s official message board is steemit.com/@steemitblog. The Reddit community for Steem is /r/steemit and the currency’s Github account can be viewed here. The official website for Steem is steem.com. Steem’s official Twitter account is @steemit and its Facebook page is accessible here.

Buying and Selling Steem

Steem can be traded on the following cryptocurrency exchanges: Poloniex, Huobi, Bittrex, RuDEX, HitBTC, GOPAX, Upbit, Binance, Bithumb and OpenLedger DEX. It is usually not currently possible to buy alternative cryptocurrencies such as Steem directly using U.S. dollars. Investors seeking to acquire Steem should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the aforementioned exchanges.

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