Steem (STEEM)

Market Cap

$229,807,252 USD

Volume (24h)

$482,916 USD

5.0

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Steem Markets Rank: 6/100
Volume Ratio

How actively is this asset being traded on the market?

Steem Volume Ratio Rank: 1/100
Market Cap

The total cost of all coins available.

Steem Market Cap Rank: 98/100
24h Change

Is the price moving up or down?

Steem 24h Change Rank: 50/100
Social Following

How many users are following this coin?

Steem Social Following Rank: 97/100
Google Trends

How many users are searching for the coin?

Steem Google Trends Rank: 46/100
Twitter Citation

How many users are talking about this coin in Twitter?

Steem Twitter Citation Rank: 78/100
User Voting

How popular is this coin among Cointobuy community?

Steem User Voting Rank: 96/100

Steem investment analysis

Steemit is a blockchain based social network blog which rewards its users by using smart media token for content creation and curation through a system of upvoting.

Steem investment is one of the most rewarding content creation mechanism on the internet, as it rewards people for their intellectual activities – a proof of brain concept – which is logged on the immutable blockchain.

Most social networks out there make it difficult to earn anything as members of the platform, instead, the owners of the networks usually consume whatever value their website generates. Whether it is in ads or in customer profiling, the client or customer (users of the website) oftentimes will spend resources – time and money socializing with nothing to show for it at the end of the day.

The ecosystem is engaged by contents from a global pool of talented individuals and creates a reward system that is decentralized and user-centric.

How to buy?

$0.818499

+464.6%

$4.62

22/1643

by Safety

460/1643

by Profit

How to buy STEEM?

To buy Steem, you would have to search for it on the major or top exchanges, apart from these, the only option left is to visit their blogging site. Sadly, the coin isn’t traded on too many exchanges and has very few markets – just about 18 trade markets with either BTC, BTS, KRW, BITUSD, ETH, and a few others. But on their website, there is a provision for users of the platform to buy using BTC only.

There are three different types of assets on the platform and each having a unique role and value on the network. With each, you can decide how you want to store the coin you purchased and this invariably determines how well you earn on the platform. A paper wallet is also available to help protect your coins.

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If social media platforms like Facebook, Twitter and YouTube have taught us anything, it is that there is great value in internet contents. Now, with the level of ingenuity and increasing number of users of the internet space around the world, there have been numerous attempts on how to create rewarding systems for stakeholders of internet content creation.

The advent of this decentralized ecosystem has made it more possible for people to now gain immensely from the contents they publish to the web beyond what other blog service providers and adsense programs can provide.

This huge earning potential has also rallied influencers from across the internet globe, attracting more reputable individuals with credibility before the project came about.

The most fascinating thing about this ecosystem is the nature in which people get rewarded – both curators and content creators get rewarded for sustaining the ecosystem. This for sure is bound to attract more players into the system – as everyone wants a reward for something.

Moreover, another effective way of earning more on return on investment is to invest and hedge to the steem power – which works more like a savings account.

Invest in Steem now as it is a long-term investment opportunity that will do you a lot of good. Apart from the traffic that the platform attracts which is making it one of the most resourceful social media projects for unique and credible contents.

With this social network, almost anyone in the world with an internet facility can participate without a dime and earn from it and as the project continues to make the impact, the more their earnings will grow systematically.

The fact that they have more transactions on the blockchain than that of bitcoin and Ethereum, vehemently suggests that it will only take a matter of time before it will outdo most of the top cryptocurrencies.

It’s quite obvious that the early stages of the crypto may have experienced few bumps on the road, however, they seem to be out of the woods and would begin to soar as speculation dictates. This means that it is a good long-term investment.

So far, there are over 335,000 (and counting) user accounts registered with the blogging network with over $22.7 million USD paid out by the network. This shows how the well the project is doing and the hidden potential when it will eventually become more valuable within the crypto space.

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Ahyke 4/27/2018

While I do not subscribe to the way the steempowers down here are shared, somewhat anti decentralized, I think a lot of bloggers are already benefiting from this project plus if you have the cash you can actually by yourself a whales title out there 😂. However, Block’tivity indicates that Steem’s blockchain has the highest activity score, with more transactions than Bitcoin and Ethereum combined, With all these stats I think steel is a very safe blockchain investment.

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