Steem Market Report: STEEM Market Cap Exceeds 500 Million

BRIEF

Steem market capitalization exceeds half a billion dollars.
Steem is up 8.48% on the day, up 110.39% on the week and up 148.51% on the month on a last price of 0.00085800 BTC or about $2.43. STEEM/BTC is trading between a 24hr high of 0.00097392 and a 24hr low of 0.00062000 on a 24hr volume of 15,094 BTC or 18,180,494 STEEM. The weekly trend is mixed.

VOLUME

The 24 hour volume on Poloniex is 15094.46578339 BTC or 18180494.48989627 STEEM.

REMARKS

Steem has exceeded a half billion market cap. Volume is strong with over 15,000 BTC of Steem changing hands in the last twenty-four hours.

Steem is up 8.48% on the day, up 110.39% on the week and up 148.51% on the month.

CoinMarketCap All Time Chart
The all time high was in July of last summer 2016 when Steem spiked to 0.00653920 BTC or about $4.31:

MARKET CAPITALIZATION

Market capitalization is the total $US dollar value of the Steem market calculated using the formula:

market cap = ( available supply x last price )

Market cap $ 568,922,161
Available supply 234124346
Last price $2.43

DAILY HIGH LOW

daily high 0.00097392
daily low 0.00062000

RESISTANCE

Resistance is the highest price within the period:

period resistance
day 0.00097392
week 0.00097392
biweekly 0.00097392
month 0.00097392

MARKET SENTIMENT

Market sentiment is bullish.

SUMMARY

Steem market capitalization exceeds half a billion dollars. Steem is up 8.48% on the day, up 110.39% on the week and up 148.51% on the month. The weekly trend is mixed. STEEM/BTC saw weekly support at 0.00039501 and weekly resistance at 0.00097392. Market sentiment is bullish.

CONCLUSION - BUY MORE STEEM AND MAKE MORE STEEM!

FULL STEEM AHEAD!!!!!!

Excerpts are from market report by kittybitcoin for altcoin news :

http://allcoinsnews.com/2017/06/07/steem-market-report-steem-market-cap-exceeds-500-million/

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