Cryptocurrency

Hey, what's going on guy’s
it’s@Akivadalit,
And I’m here with my first Blog about steam and the steam token. Do you guys have a price prediction for the Short and long term before we hop into the Blog I just wanted to say I am not a financial advisor and you should do your own research for buying or selling any of the cryptos I suggest also we are pushing upward button, so I'd really appreciate it if you guys could hit that like button because it helps me out alot.
okay so what is steam while steam defines itself as a community-faced voc block chain that creates an instant earning opportunity for the network's users the protocol is designed to provide an earning opportunity for customers based on their value to the network it is designed to provide users with a platform where they can post curated content online and get paid in crypto currency so what makes steam unique well many traditional social media companies have lots of money through the content produced by the users however what sets seems apart from its supporters is it offers to its users by rewarding them for the valuable input they put to the platform one unique feature of the network is that it is based on block chain technology making it the first of its kind as a result it is non-cost custodial and decentralized with no downtime or data abuse and the platform's data are perfectly secured two also users are paid in crypto currencies for participating on the platform okay so what is the price of steam is currently sitting at 76 cents and has seen a 36 percent increase in the last 24 hours hitting a high of 86 cents at the time there's a market cap of 285 million and a circulating supply of 374 million.
Steam now guys this market cap is really important 250 million there's not really that much especially for a token with this much potentiality is ranked 146th on coin market cap and has just over 26 000 watches so if we look at the all-time charts we can see that steam started off at roundabout the 83 cent mark in April of2016 and then went all the way up to four dollars in July of 2016. However, we've seen a huge uh decrease and then a stagnant up to2.7and then eight hit an all-time high from93 cents off in 2017 all the way up to eight dollars January third of 2018.
so in three months or three to four months it went up 8x so went pretty parabolic but since then we've seen a slight decrease in price and it started to stagnate at around about the 10 cents mark since now it is holding at around about 60 to 70 cents and this could be the start of something huge for the company especially since we've seen already a little bit of the volume that we've seen for these huge spikes that here so can steam come back to its heights.
I personally think so I think it is a platform that has huge potential now if we look at the trading volume we can see that steam has traded 478 million dollars’ worth in the last 24 hours seeing a thousand and five hundred percent increase in the last 24 hours now it's traded double its market cap in a day so it is absolutely going insane right now so what is my personal opinion on this token I think this token is certainly going to take off within the next couple of days and couple of weeks now I think this token is going to hit one dollar by the end of this week and be pushing1.2 to 1.5 by the end of this month now by mid-April.
I think that this token is going to be at around about two to three dollars but we could even see a higher potential depending on the number of users that steam receives and the platform that it is adopted now what about the long term then well I think by the end of this cycles team is going to hit its all-time high and it's going to break past it I think steam will push past an all-time high of ten dollars and then we'll stay around the 10 marks now is this possible well I think it certainly is if steam was at 10 it would have market cap of3.7 billion and that is really reasonable especially considering in comparison to some other crypto that is out there right now if we look into comparison to all of these clip drawers right here in nine billion seven billion five billion et cetera
I think that upstream has the potential to slide in here quite well and do very well in the terms of the market this is pretty much it for this blog.
Do remember me in your support by upvoting my blog and your comments for your suggestion will be really appreciatable.
Guys if you want me to check out any other crypto let me know down in the comments sections below but this has been your @akivadalit and I’ll see you guys in the next one