Steem Struggling To Surpass its high of 2016

in steemit •  7 years ago 

All leading crypto assets have gone up many times in last one year but Steem is struggling even to surpass its last year high of 4.34 in $ terms and way poor performance 0.00654BTC (equal to 115$) in terms of btc. So far anybody who has invested in steem is very much under rewarded for the risk taken.

Steemit founders have to seriously think something so that investors don't lose patience and jump over the ship.

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There are so many limitations with ETH network but it still has so many ICO and some of them (KIN announced recently to switch to steller from ETH) are switching to other blockchains which are scalable. Steem being scalable with large ready audience should have been KIN or cryptokitties first choice.

What are we missing so that they are not considering Steem?

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Good

Thank u