Steem (STEEM) Trading Down 2.7% Over Last Week

Steem (STEEM) traded 0.9% lower against the dollar during the 24-hour period ending at 20:00 PM ET on July 2nd. Steem has a market cap of $90.10 million and $1.63 million worth of Steem was traded on exchanges in the last day. During the last seven days, Steem has traded 2.7% lower against the dollar. One Steem coin can now be bought for $0.19 or 0.00000312 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $62,026.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.3% higher against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $382.26 or 0.00616331 BTC.
• Litecoin (LTC) traded 2.1% higher against the dollar and now trades at $75.83 or 0.00122268 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.74 or 0.00009257 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $23.25 or 0.00037480 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $168.58 or 0.00271810 BTC.
• Arweave (AR) traded up 2.5% against the dollar and now trades at $28.97 or 0.00046715 BTC.
• Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $44.53 or 0.00071799 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Steem Profile

Steem (STEEM) is a proof-of-work (PoW) coin that uses the PoS hashing algorithm. It was first traded on March 24th, 2016. Steem’s total supply is 465,562,240 coins. Steem’s official Twitter account is @steemit and its Facebook page is accessible here. The official website for Steem is steem.com. The Reddit community for Steem is https://reddit.com/r/steemit and the currency’s Github account can be viewed here. The official message board for Steem is steemit.com/@steemitblog.

According to CryptoCompare, “Steem (STEEM) is a blockchain-based social media platform that rewards content creators with STEEM tokens. Created by Ned Scott and Dan Larimer, it promotes decentralized content creation and curation, providing an alternative to traditional social media.”

Steem Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Steem directly using US dollars. Investors seeking to trade Steem should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Steem using one of the exchanges listed above.

STEEM/USD price chart by TradingView