Weekly Noob Look at Crypto Market #19 - STEEM Can Go Up Even More?

This was a very turbulent week for me, as I have started to create videos on D.Tube and it was my first participation in CTP Badge Hunt, so I was all over the place... But, on the other side, I'm aware that some other things paid the price for that... Anyways, the changes are good and it can be only easier with gaining experience. But, when Sunday comes, I'm relaxed writing this crypto market post...

It was a slow and steady week for Bitcoin as it didn't make crazy movements... After losing $260 2 weeks ago, it got it a little bit more during this week... The price went up from $7120 to $7444... We had a small dip under the $7k, but it was very fast corrected and the price was pushed back over 7K... Can we call this 7K as a bottom?

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After that nice move up in November, December isn't a very good month for Ethereum fans. The price continued to fall, now it is around $132.5 and last week was $142... So another $10 less in the pockets of investors... If we take a look at the price in BTC, that is even worse, as the price has fallen from 0.01999834 BTC to 0.01783786 BTC in just 7 days!

On the other side, our favorite coin STEEM has come back to Top80 at the CoinMarketCap website (it is actually at number 78) and that's great news as more investors will notice it. There was a rumor that Justin Sun (owner of Tron) is buying the Steemit Inc. company and that this rumor is the main trigger for this price rise, but it lasts too long to be the only reason... Maybe the STEEM time has come? We will see in the next week or two...

As BTC is currently pumping, the STEEM price is slightly lower than it was these days, but still, it' better than in last week's report! 1 STEEM is worth around $0.138 and it was $0.133 last week. The price in BTC is slightly less than last week, it's 1853 satoshis and it was 1869.

From this week, I have decided to reduce the number of tokens that I follow in my reports... I have decided to stop reporting about DEC token because its price is connected to the price of card packs in Splinterlands, which are indexed in USD, so, DEC is currently used as a "stable coin".

In waiting for IPN to come to live, CTP token has slipped again for a little in the price. Buyers are willing to pay for it 0.01 STEEM per token, but sellers don't want to go too much under 0.018 STEEM per token. The circulating supply is 797,427CTP tokens and the last 24h volume was 35 STEEM / $4.86.

During the week, it looks that PAL token has found a temporary bottom in the price around 0.064 STEEM, but the price is even going slowly up... At the moment it is trading with big margins between 0.079 and 0.099, and in the last week's report, it was traded around 0.06 STEEM. The circulating supply is 5.879 M M PAL and the last 24h volume was 379 STEEM / $52.73.

The price of SPT token is almost the same as the last week and there were no big movements during the week. It is traded in the range 0.0030-0.0033 STEEM, and the last week's price was 0.0029. Circulating supply is 30.256 M SPT and the last 24h volume was only 46 STEEM / $6.43.

And, for the end, my second favorite token at Steem-Engine, LEO token. Last 10 days, LEO token has a very stable price around 0.20 STEEM. At the moment it is traded between 0.200 and 0.208, almost exactly the same as the last week. Circulating supply is 3.88 M LEO and the last 24h volume was nice, 471 STEEM / $66.19.

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My staked tokens summary (this week - last week):
CTP token - 35000 (32380)
PAL token - 918 (895)
SPT token - 17625 (17023)
BATTLE token - 8888 (8623)
LEO token - 3255 (3234)

~ph~

DISCLAIMER: I am not a financial advisor. The advice here given is not a piece of financial advice even though my excitement might make it look like such.

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