1 STEEM = $0.206 USD - Is the alligator sleeping like the sun-drenched water?

5% of the rewards of this post are for @steem.amal

_{(Chart by TradingView)}

Just as the year breathed its last, a silent Steem (STEEM)'s alligator walked up and broke the surface of $0.25, only to be snatched back by the incoming bearish.

However, declining bearish momentum on the Moving Average Convergence Divergence (MACD) hints at a potential trend reversal towards bullish dominance, with upward price movements expected.

Mouth closed, the alligator lounges in the swamp, sleep beckoning like the sun-drenched water.

Let's plunge with this Steem's alligator, secrets of the swamp await.

About Steem (STEEM)

Steem is a social blockchain platform that powers decentralized social media applications. It was launched in 2016 and is one of the oldest and most well-established platforms in the space.

Here are some key things to know about Steem:

It rewards users for their contributions. This includes creating content, upvoting content, and curating content. Users earn rewards in the form of STEEM, the platform's native cryptocurrency.
It is fast and scalable. Steem can process transactions in a few seconds, and it can handle a large number of users.
It is censorship-resistant. Because Steem is a decentralized platform, it is not subject to the same kind of censorship that centralized platforms are.
It is open-source. This means that anyone can develop applications on top of the Steem platform.

The most well-known application on the Steem platform is Steemit, a blogging platform that is similar to Blogger. However, there are many other applications that have been built on Steem.

Steem is a complex platform, but it is also a very interesting one. If you are interested in learning more about it, I recommend checking out the following resources:

The Steem website: https://steem.com/
The Steem whitepaper: https://steem.com/steem-whitepaper.pdf
The Steem community forum: https://steamcommunity.com/

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