During the last few hours STEEM appreciated more than 13%, which makes it the fourth most appreciated currency today, according to Coinmarketcap:
STEEM also rose 3 positions in the overall crypto top, making it again in the first 50, currently on the 48th position (before this pump it was on the 51st place).
The increase seem to be consistent all over the place, with an overall volume of more than $2.5 million. On an average day, STEEM trading volume was just under $1 million recently.
Here's how the 4 hour chart looked at the moment of writing on Bittrex:
And here's how it looked on Binance:
I have no idea what caused the pump, other than an early Santa visit, but, given the depth of the bear market we've been in since the beginning of the year, I'll take one of these early Santa visits any day.
Steem on!
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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@dragosroua,
It's great to see STEEM at top 50 again and I think now we start our trending to top 20 again! Anyway SMT should be here to boost more! Thanks for figuring this up!
Cheers~
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Nice to see Steem in the top 50 again!
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This the way i like it
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Huge breakout that was pending since a long time finally steem on rise : )
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Wow!!! We need this pump to be sustained.
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We need a decent long run growth curve for sustained growth. Not necessarily just a monetary increase.
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Yah!!! That is what am talking about.
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Now that brings back memories :))
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🏆 Hi @dragosroua! You have received 0.1 SBD reward for this post from the following subscribers: @cardboard
Subscribe and increase the reward for @dragosroua :) | For investors.
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Congratulations @dragosroua! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
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i really like the price up on high volume... nifty !
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Am so happy whenever I see this kind of news. Let it keep pumping, I need money 💰 💰.
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That's not an insignificant amount of trading. It's a higher level than we've seen for a while, even in the other pumps.
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This is a great news to hear today. Now steem is in top 50. Next target for steem now is to enter top 40
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Trade Group again
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You mean like a "pump and dump group"?
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Keep pumping again!!!!
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If anyone feels the urge to pump some steem my way I'd be more than happy to receive it. ;-)
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Ho Ho Ho! @dragosroua, one of your Steem friend wished you a Merry Christmas and asked me to give you a new badge!
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May you have good health, abundance and everlasting joy in your life.
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