Steem

STEEM

#717

$0.044137 ▼ 7.58%

1.0000 STEEM ≈ USD

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Market Cap $24,214,798

Fully Diluted Valuation $24,246,173

24h Vol $5,762,229

Circulating Supply

549,324,496 STEEM

Total Supply 549,338,944

Info

Website

steem.io

Community

Twitter

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Steem Price Chart (STEEM/USD)

Compare with:

▼ 1.2%

24h

▼ 7.58%

▼ 12.15%

14d

30d

About Steem

Steem.it is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he'll generate for himself (in form of SP) and for the content creator (In SBD).There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD. TSteem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator.

Steem (STEEM) Statistics & Facts

What is the daily trading volume of Steem (STEEM)?

The trading volume of Steem (STEEM) is $5,762,229.00 in the last 24 hours, with stable market activity.

What is the highest and lowest price for Steem (STEEM)?

Steem (STEEM) reached an all-time high of $0.00 and an all-time low of $0.00 . It's now trading 0.00% above that peak and 0.00% above its lowest price.

What is the market cap of Steem (STEEM)?

Market capitalization of Steem (STEEM) is $24,214,798 and is ranked #717 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of STEEM tokens (549,324,496 tokens are tradable on the market today).

What is the fully diluted valuation of Steem (STEEM)?

The fully diluted valuation (FDV) of Steem (STEEM) is $24,246,173. This is a statistical representation of the maximum market cap, assuming the maximum number of 549,338,944 STEEM tokens are in circulation today. Depending on how the emission schedule of STEEM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Steem compare against its peers?

With a price decrease of 12.15% in the last 7 days, Steem (STEEM) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.

What is the circulating supply of Steem (STEEM)?

The circulating supply of Steem (STEEM) is 549,324,496 STEEM tokens, which represents 100.00% of the total supply of 549,338,944 tokens.

Where can I buy Steem (STEEM)?

You can buy Steem (STEEM) on various cryptocurrency exchanges. The most popular exchanges for trading STEEM are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX). Always ensure you're using a reputable exchange and enable two-factor authentication for security.