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Steem

Steem
1 STEEM =
 $ 0.20
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Market Capitalization:
86.94M $
Circulating supply:
425.70M STEEM
Maximum:
0.00 STEEM
Volume (24h):
6.78M $
Daily range:
0.20 - 0.21
Changes (7d):
+2.68%

Cryptocurrency Steem (STEEM)

The price for Steem (STEEM) cryptocurrency is currently 0.20 $ (15 min delay), daily range of currency change is 0.20 - 0.21 .
Last 24 hours news: trading volume - 6.78M $, price variance +0.23% .
The highest trading volume belongs to the pair STEEM/USDT at the Poloniex exchange

Project Website - https://steem.com/
Explorer of transactions - https://steemdb.io/
Twitter Account - https://twitter.com/SteemNetwork

Chart Steem (STEEM)

Current price Steem (steem) 0.20 $
Market Capitalization 107.54M $
Trading Volume last 24h 48.43M $
Minimum exchange rate (24h) 0.22 $
Maximum exchange rate (24h) 0.25 $
Market cap rank № 509
Absolute maximum 8.19 $
Absolute minimum 0.072 $

Steem Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
0.23 $
0.229036$
0.55% 27.39M $ 2024-11-23 20:11:19
2
0.23 $
0.227125$
0.53% 4.85M $ 2024-11-23 20:10:08
3
0.23 $
0.23071$
0.09% 3.19M $ 2024-11-23 19:59:04
4
0.23 $
0.230368$
0.09% 1.58M $ 2024-11-23 20:06:24
5
0.23 $
0.229583$
0.09% 1.56M $ 2024-11-23 20:08:27

What is Steem (STEEM)

Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to provide various services to its members such as a source of curated news, Q&A, job boards etc. The founders of Steem came from BitShares with Dan Larimer involved as well.

Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn.

Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn. The platform also allows for downvotes, giving participants more flexibility when it comes to rating content. Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence.

The Steemit community even has another service to offer to its customers. D.tube, which is considered to be very similar to YouTube, is Blockchain based and the users can realize the difference between the traditional video publishing websites and D.tube, as the amount of money earned is also displayed beside the post apart from likes shares and comments. The Steemit community is accused of posting plagiarize contents on their publishing website. The irony seems to be reaching highest levels when the original content doesn’t receive much appreciation and income than the copied versions of it."

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