Steem flips the model and returns the value to the people who contribute the most. Users become platform stakeholders, maintaining control over their data and earning cryptocurrency rewards for each contribution they make.
Is there any evidence of STEEM investors making huge profits? If you want to participate in the Steem ecosystem’s success, you can follow a few simple steps.
Steemit users can cast votes to create a hierarchy of content. The higher the upvote count received on a content piece, the more Steem is earned by its publisher. Steemit’s meritocratic system also enables users that hold more currency to cast more meaningful, more excellent influence votes.
Can STEEM reach $1 again? It’s been a rocky price history for STEEM so far, but something looks better on the horizon. Users earn STEEM, the native cryptocurrency, depending on the number of upvotes their posts have. More than 300 Steem apps for users to earn from, including alternatives to Reddit, YouTube, and SoundCloud.
Today’s Steem price is $0.207865 with a 24-hour trading volume of $14,106,197. Steem is down 2.69% in the last 24 hours. The current CoinMarketCap ranking is #259, with a live market cap of $82,096,583. It has a circulating supply of 394,951,699 STEEM coins and the max. supply is not available.
Before jumping into the STEEM price prediction, let’s first explore its background and price history.