RE: STEEM - Resistance at 1.40 broken - UP continuing

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STEEM - Resistance at 1.40 broken - UP continuing

in steem •  7 years ago 

I just got approved for the steemit. Might be a noob question but please try to answer.
Does the Steemit platform effects prices of Steem coin? If yes, can you elaborate how?

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  ·  7 years ago (edited)

Steem investors are users of steemit website, the more users steemit has the higher steem price is likely to go. Also, steem blockchain is used by many other websites and decentralized apps like
https://d.tube
https://dmania.lol
http://utopian.io
https://chainbb.com
https://busy.org/
and many others.