One of the biggest exchanges out their just added STEEM to their exchange about 3 hours ago.
Here is a 1 min chart since the release:
Started trading at 0.0010 BTC (about $10). 3 minutes later it leveled off at around 0.0005 BTC (about $5 and the current worth). This is kinda standard with new listings on exchanges since some people seeing it listend get some sort FOMO i guess.
Awsome news
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So in the long run this will probably increase the price of Steem right?
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Per se you can't really say that because their are so many other factors that need to be considered! But it is a good sign since their will be more trading-volume and a listing is always a sign of trust too (when it happens on one of the top exchanges).
Despite this news I think Steem will increase his value anyway! Just look at the awesome community we got here!
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i think in long term it will go up a few cents but Steem could be traded like TRX in a Pump and Dump sheme. So you never know how a coin is going to envolve in long term views.
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Usually when a coin gets on a big exchange it gets pumped a bit. The happens most with Korean exchanges.
For getting listed...
You're welcome! ;)
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I've been waiting for this, I'm not a huge fan of cryptopia.
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