What are your prospects for the STEEM coin in 2025, will the value of STEEM skyrocket higher or even fall from its current price? Show how you analyze using candle sticks of the exchange you use.
My prospects for the STEEM coin in 2025 remain bullish with some mixed analysts bearish based on what some analysts are predicting moderate growth whereas some are predicting decline as for me I am bullish and strongly confident in my prospects that the STEEM coin will be trading at a range between $0.40 to $0.50, based on what we are seeing today in the current price of STEEM coin.
Looking at the current trends of STEEM, it is trading near support levels of $0.20 with strong potential resistance levels around $0.25.
As the price has stayed above $0.25 above the moving average may suggest an upward trend which means in 2025 STEEM coin will be more bullish than in the year 2024. I am expecting to see more projects in the Steem blockchain which will help skyrocket the price of STEEM coin.
If the STEEM coin skyrockets sharply, what steps do you want to take from now on? Do you want to buy it as a future asset or are you going to sell it?
If the STEEM coin skyrockets sharply, the steps that I would take from now on is to sell the STEEM coin that I have saved in my Binance wallet and rebuy back when the price of the STEEM coin drops down. I will Sell and buy it back after the price has fallen. What I usually do is set order an for my trade which I have already done for STEEM coin.
Will the rise of STEEM continue and become a cornerstone of the global financial system, or will it be forgotten?
Yes the rise of STEEM will continue and become a cornerstone of the global financial system as it is a social media blockchain as people continue to key into social media blockchain STEEM coin which is a transaction-free coin will continue to become a cornerstone of the global financial system.
What are the right steps for the growth of STEEM, and how to attract investors to invest in STEEM (explain in your own words)
For the growth of STEEM blockchain and attracting investors many strategic steps need to be implemented to achieve this. The following needs to be done.
Technical Enhancements
- Scalability improvement: There is a need to enhance transaction speed and network capacity to handle more users and applications.
- Interoperability: There is a need to develop bridges to other blockchains to expand utility and ecosystem.
Community Engagement.
- Decentralized Governance: Increase transparency in decision-making and allow stakeholders to participate in network upgrades.
- User Education: There is a need to run campaigns to educate users on how to use Steem blockchain and applications like Steemit
- Support Developers: Build innovative and offer grants to developers.
Other ways here are marketing and partnerships, economic incentives, investor relations, and ecosystem development. In summary, to attract investors, there is a need to showcase or highlight the past achievements of Steem and how it has empowered content creators and built a loyal user base. Demonstrate the blockchain practical application and success Stories and so on.
Provide a conclusion in the description of this contest.
This contest aims to enhance user engagement and know what users think about the price of Steem in 2025. It is an open contest for everyone to participate.
I am inviting: @dave-hanny, @joan-na, and @woka-happiness
Cc:-
@afrizalbinalka
Thank you for inviting me. I will try and participate. Success to you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you very much for your contribution to this contest which can provide important information for the future growth of STEEM.
From the above points, you have explained well and predicted the future of STEEM. If we look at the altcoins that are starting to rise little by little, it is possible that this coin will rise Significant.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit