Market Sentiment
Steem holds a lot of promise! Whether you believe this assertion or not, Steem is presently one of the world's fastest and most scalable blockchain. This means that Steem is, frankly speaking, presently underpriced.
However, the market sentiment at the moment is looking bullish in the long-run as we have seen an increase in the trade volume of STEEM in the past few days.
Current Rank in the Last 24 hours:
39th place. This is one place up in the last 24 hours.
STEEM Price: Yesterday vs Today!
Steem is presently trading at $0.79 (-6.2% in the last 24 hours). On a broader perspective, in the last 30 days the price of Steem has increased by 3%. However, we've seen a disappointing decrease of 24% over the last 60 days when it traded at $0.98 on August 11th 2018.
The Steem Marketcap Vs. Trade Volume in the Last 24 Hours
The Steem Marketcap as at the time of filing this report is $221,785,138 while the trade volume in the last 24 hours is estimated at $6,723,535. Comparatively, the trade volume of Steem has increased by an average of 2% across the major exchanges in the past 24 hours.
Steem, to Hodl or to Sell?
It is time to hodl your Steem because the recovery we are seeing now is good and may be a prelude to a bullish run. Or what shall it profit a man if he sells his entire Steem and is found wanting when the bulls come?
NOTE
This report was compiled relying on the statistics from the reference provided herein. While we did our best to ensure that the information provided here is correct, @steemitcentral all not bear any liability arising from any misinformation in this report.
See you again tomorrow for another edition of the evening Steem Price Report.
https://coinmarketcap.com/currencies/steem/
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