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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 perspective for the STEEM coin in 2024 is a potential that the value of the STEEM coin will skyrocket higher than the current price we are seeing. Most people are forecasting a potential increase with the price of STEEM reaching $0.6344, whereas some analysts are predicting that the proof of STEEM can potentially drop around $0.15.
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Based on the above candlestick charts which are a valuable tool for analyzing price movements of currency like STEEM and others over specific time frames have shown us clearly how the Steem coin will potentially rise in 2025. The candlestick shows the open, high, low, and close prices of STEEM, providing us with insights into the market sentiment. Also, based on my analysis of the previous bill run STEEM was trading around $0.78 which means as we are still anticipating this year's bull run to start, we are likely to see the price of Steem coin skyrocket to more than $0.78 which h $1.5 is what I am targeting.
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 want to take from now on are to sell and rebuy when it falls back. I would have loved to buy it as a future asset, but as it stands now I am financially down which is the reason why I cannot buy it as a future asset.
What I would do if the STEEM coin skyrocketed sharply, is to sell the ones I have in my Binance wallet, and wait for the price to fall so I can buy it back. With this simple strategy, I would be able to increase the quantity of STEEM coins that I have in my Binance.
Will the rise of STEEM continue and become a cornerstone of the global financial system, or will it be forgotten?
The rise of STEEM will continue and become a cornerstone of the global financial system. Everything about the Steem blockchain, ecosystem, the Steemit platform, and STEEM coin is for the global financial system, meaning STEEM is for global use and not regional use.
The truth is the more STEEM continues to rise, the more people will get to know about it globally which would help keep the price of STEEM higher.
What are the right steps for the growth of STEEM, and how to attract investors to invest in STEEM (explain in your own words)
The right steps for the growth of STEEM, and how to attract investors to invest in STEEM can best be achieved via the strategies shared below.
Strengthening the Core Ecosystem
By enhancing the platform utility: The primary use case of STEEM is to support a decentralized social media platform and content creation on the Steemit platform which if this can be enhanced will attract investors.
DAPP development creators: Developers should be encouraged to build decentralized applications on the Steem blockchain that can help increase the use cases of STEEM thereby attracting more investors and users.
Marketing and Partnerships
Partnerships with major platforms: Collaboration with content of blockchain-based related platforms can increase the price of Steem and also bring in new investors.
Engage in Marketing Campaign: If there is a targeted market campaign towards crypto and blockchain enthusiasts, developers and so on it can create room for new investors.
Other ways are:
- Community Engagement
- Innovation and Adaptability
- Investors Confidence
Provide a conclusion in the description of this contest.
Based on the description, my conclusion is that the journey of STEEM has been one of highs and lows, with significant challenges that tested its resilience in the past years. Despite the past challenges, including a deep decline in the price of STEEM and external geographical factors, STEEM has shown a big recovery, since 2021.
I am inviting my friends; @dave-hanny, @ruthjoe, and @vickyson to also join me.
Cc:-
@afrizalbinalka
Free Ai✅
Join the club ✅
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It is very interesting if you can draw several chart lines as a form of your predictions in 2025 for the STEEM coin which will later become a technical guide in crypto.
Apart from that, to increase the value of STEEM not only attracts the interest of investors but also how writers can buy it can at least increase the Volume value. Thank you for reviewing this topic well. Success for you.
Grade: 8.5
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Many thanks to the Steem Entrepreneurs community users who shared the original posts. We hope your contributions continue to inspire and strengthen the entrepreneurial spirit in our community.
Kind regards,
Steem Entrepreneurs Team
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As you expect steem coin to rise above 0.6USD, you have also suggested that it may rise to $1.5; these predictions are good and expected according to candles of steem crypto graph and also the contest said that it will give golden coin and boost.
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This year can be different. Thanks for your support.
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I hope that in 2025 the STEEM cryptocurrency will return to 1$
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