Steem Price

Track Steem Price Today, Live STEEM Price Chart & Market Cap

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FROM STEEM
TO USD

Steem Price Live Data

24H Range
$?0.201339
24H Range
$?0.21625
52W Range
$?0.124368
52W Range
$?0.394876
ATH & ATL Range
$?0.069192
ATH & ATL
$?8.80
Steem Price$?0.210584
Market Cap$?97.45M
Diluted Market Cap $?86.17M
24H Volume$?36.64M
Vol. / M. Cap Ratio 0.376
Dominance 0.00%
ATH $?8.80 (-98%)
ATH Date Jan 4, 2018
ATL $?0.069192
ATL Date Mar 10, 2017
Cycle Low $?0.087615
Cycle High $?1.64
Circ. Supply 462.74M (113%)
Total Supply 462.74M
Max Supply 409.19M
Supply Inflation 3.07% (Medium)
Volatility 9.91% (High)
PlatformSTEEM
Release Date Apr 19, 2016
Fear & Greed Index 82 (Extreme Greed)
Sentiment Bullish
Show more ↓

Steem price today is $?0.210584 with a 24-hour trading volume of $?36.64M, market cap of $?97.45M, and market dominance of 0.00%. The STEEM price decreased -0.38% in the last 24 hours.

Steem reached its highest price on Jan 4, 2018 when it was trading at its all-time high of $?8.80, while Steem's lowest price was recorded on Mar 10, 2017 when it was trading at its all-time low of $?0.069192. The lowest price since it's ATH was $?0.087615 (cycle low). The highest STEEM price since the last cycle low was $?1.64 (cycle high). The Steem price prediction sentiment is currently bullish , while Fear & Greed Index is showing 82 (Extreme Greed).

Steem's current circulating supply is 462.74M STEEM out of max supply of 409.19M STEEM. The current yearly supply inflation rate is 3.07% meaning 13.76M STEEM were created in the last year. In terms of market cap, Steem is currently ranked #31 in the Proof-of-Stake Coins sector.

Highlights

  • in the last 30 days (53%)
  • Has liquidity based on its market cap
  • Trading on Binance

Risk Analysis

  • Price dropped over the past year, down -14%
  • Outperformed by 92% of the in 1 year
  • Outperformed by and
  • Trading below the
  • Down -98% from all-time high
  • Yearly inflation rate is
See All Risk Checks

Steem Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
SteemUS Dollar STEEM/USD -0.20%-0.38%10.79%15.76%14.85%-23.57%-17.55%-14.02%-63.99%85.45%-71.85%
SteemBitcoin STEEM/BTC -0.26%-4.35%2.54%-19.39%-27.68%-45.89%-63.95%-67.66%-78.66%-86.23%-99.88%
SteemEthereum STEEM/ETH -0.23%-0.96%12.75%-2.21%-2.08%-8.79%-39.53%-45.29%-51.74%-91.12%-99.92%
SteemTether STEEM/USDT -0.20%-0.38%10.79%15.76%14.85%-23.57%-17.55%-14.02%-63.99%85.45%-71.85%

Steem price in US Dollar has increased by 15.76% in the last 1 month. STEEM is down -2.21% against Ethereum and down -19.39% against Bitcoin in the last 1 month.

Steem Quarterly Returns

YearQ1Q2Q3Q4Total
2016---68.84%80.01%-65.57%-80.69%
20171.68%861.20%-12.45%108.80%1,687%
2018-50.24%57.33%-61.20%-71.57%-91.36%
201981.87%-24.49%-63.31%-5.24%-52.26%
202017.60%37.02%-17.88%-5.30%25.30%
2021724.39%-69.52%19.73%-9.67%171.79%
2022-3.28%-46.83%-0.04%-33.45%-65.79%
202346.33%-15.82%-2.31%44.83%74.29%
202435.00%-41.48%-7.63%----
Average 106.67%76.51%-7.23%-4.65%208.49%

The top-performing year for Steem was 2017 when the price of STEEM increased by 1,686.61% from $?0.169495 to $?3.03. The worst performing year for Steem was 2018 when the price dropped by -91.36% from $?3.03 to $?0.261566. The average yearly growth of Steem over the last 9 years is 208.49% per year. Usually, Steem performs best in Q1 with an average of 106.67% gain and worst in Q3 with -7.23% loss.

Steem Price Closing History by Level

PriceDays Above% of Steem's Life
$?8.80 ATH--
$?8.0000.00%
$?7.0010.03%
$?6.00110.35%
$?5.00190.61%
$?4.00491.56%
$?0.210584 Price Now203964.98%
$?0.21204565.17%
$?0.16275787.86%
$?0.15290092.42%
$?0.14298895.22%
$?0.13305197.23%

The table above shows the number of days which Steem closed above a certain price level.

Steem Price & ROI on this Date

DatePriceROI
Nov 21, 2024 Today$?0.210584-
Nov 21, 2023$?0.272408-22.70%
Nov 21, 2022$?0.16791925.41%
Nov 21, 2021$?0.611122-65.54%
Nov 21, 2020$?0.15441836.37%
Nov 21, 2019$?0.13554555.36%
Nov 21, 2018$?0.406808-48.24%
Nov 21, 2017$?0.908142-76.81%
Nov 21, 2016$?0.11547982.36%

The table above shows the price and ROI of Steem today and previous years on the same date (Nov 21).

STEEM Exchanges

Steem is being traded on 18 cryptocurrency exchanges, including Binance and gate.io. $?36.64M worth of Steem changed hands in the last 24 hours. If you wish to purchase STEEM, check our guide on how to buy Steem in 6 steps.

ExchangePrice Volume Action
Binance$?0.210371$?1.85M$?0.210371$?1.85M Trade Now
gate.io$?0.21036$?40,418$?0.21036$?40,418 Trade Now
Binance Futures$?0.210499$?6.01M$?0.210499$?6.01M Trade Now
UPbit$?0.211485$?1.80M$?0.211485$?1.80M Trade Now
Poloniex$?0.210409$?22.07M$?0.210409$?22.07M Trade Now
ZOOMEX$?0.210759$?2.30M$?0.210759$?2.30M Trade Now
WhiteBIT$?0.210459$?1.44M$?0.210459$?1.44M Trade Now
HTX (Huobi)$?0.210259$?688,271$?0.210259$?688,271 Trade Now
Bithumb$?0.211699$?172,679$?0.211699$?172,679 Trade Now
MEXC$?0.210459$?63,633$?0.210459$?63,633 Trade Now

About Steem

Steem is a blockchain-based social media platform similar to Reddit or Facebook that incentivizes users to create and curate content by rewarding them with Steem Dollars. Users can earn Steem Dollars every time they post or curate content.

Steemit Inc. was created in 2016 by Ned Scott and Dan Larimer, an expert blockchain developer. Dan Larimer quit his position as the CTO of Steemit in March 2017 and stopped participating in the project.

Key Steem features:

  • Steem is a blockchain platform that rewards users for contributing to the apps deployed on the blockchain
  • The network is powered by STEEM, Steem Power and Steem Dollars
  • Steemit, the most popular app on the network, takes an innovative approach social media platforms work and allows users to be in control

Steem is generally used to refer to the platform and STEEM to the currency itself. The name was inspired by the word ‘esteem’ coupled with the fact that Steem is a homophone for steam, which is often linked with power. 

Steem Dollars (SBD)

The introduction of Steem Dollars was needed in order to create a stable token that is intended to be pegged 1:1 with the U.S. Dollar. SBD experienced a significant spike back in 2017 and touched $14 before dropping down again. Currently, the ‘stable’ token is worth around $1.

Steem Power (SP)

On the other hand, SP is used to show how much power a user has on the Steemit platform. User’s voting power is dictated by the amount of SP they hold. A post or comment will be valued higher if it’s upvoted by someone with a lot of SP.

One of the fundamental differences between Steemit and any other traditional social media platform is the fact that Steemit stores all text inside its Blockchain. There are several benefits of using this technology, for instance, since everything on the Steem lockchain is immutable and cannot be deleted, users can retain ownership of their content forever. 

The Steemit social media platform, which is by far the most popular application built on the Steem blockchain, was acquired by TRON founder Justin Sun in early 2020. However, some members of the Steem community were against the acquisition and decided to create a Steem fork called Hive.

Traders can speculatively trade Steem Dollars on various cryptocurrency exchanges like Bittrex, HitBTC and Upbit. STEEM, however, is listed on many more exchanges like the most popular crypto exchange, Binance

FAQ

What is Steem?

Steem is a unique social blockchain project which combines social media, cryptos and blockchain technology. The network aims to grow communities and allow users to earn revenue for sharing content. The social media platforms have been notorious for not sharing their revenue with every part involved, shareholders earn millions of dollars while the ones who create the content make nothing. Steem wants to change that through their Steemit social app as it is run and governed by its community. To make everything run smoothly the network uses three different types of native tokens and those are STEEM, STEEM Power and STEEM Dollars.

How does Steem work?

Steem works through their Steemit app, a number of tokens are created on a daily basis and are distributed to the users who upvote content on the platform and are involved in bettering it. The higher your level of involvement with the platform is the higher the chance is for you to earn profit. Since Steemit is decentralized it has no central authority and its three native tokens each play a part in its running. Steem is the key to the running of the platform while SBD and SP tokens are dependent on it. SBD is a stablecoin which serves as a payment for content creators as it is backed by the USD it protects them against volatility. SP tokens give voting power to holders in 1:1 ratio meaning the more of these tokens you hold the more power your upvote has.

How to use Steemit?

To use the Steemit platform you will need to go through the Steem’s official website. In the middle of the page you will see a “Create an account” button which, after clicking it, will transfer you to the app’s main page. Before you can use the app you will need to set an account which will ask for an username, your phone number and email address through which you will receive a confirmation code. You will need to type in both of the confirmation codes and check that you are not a robot. Once you are done you can utilize the features which Steemit offers.

What makes Steem different?

Steem is a novel task in the crypto world as it really permits individuals to bring in cash for the substance they share on the network's social application and for their contribution to it. The platform actually allows everyone involved to make profit, the content creator and the person who upvotes or shares the content. Something else that separates Steem is the way that they make new tokens consistently on a daily basis, as referenced previously.

Why are STEEM tokens valuable?

STEEM like any other token can be bought or sold on a number of exchanges for short term profits. Aside from that the token is received as a reward payment for users of the Steemit platform for good behavior and for helping the project grow. They are also given out as a reward to users who have the highest number of transactions on the platform during a specific time period.

Is Steem a good investment?

The project has developed well since it was launched and has a lot more room for growth. They are working on incorporating mobile apps so people can use their platform easily when on the go as well. With all that being said, remember that the crypto world can be extremely volatile so it is no large surprise that experts are divided on the future of the platform. If you want to invest in Steem, make sure you only invest an amount you are willing to risk.

How do I get STEEM tokens?

It is possible to buy these tokens on some exchange platforms but it might not be possible on all of them to buy STEEM directly for fiat currency. The way to go around this would be to simply buy another available token and swap it for STEEM. Your other option would be to buy them from one of the holders through the peer-to-peer exchange. You would need to send an equivalent amount in fiat currency to the holder's bank account while receiving the tokens to your crypto wallet. Lastly know that you can also get some STEEM as a reward within the network itself.

What is the current price of STEEM tokens?

On , the price of an STEEM token is .

How many STEEM tokens are left?

There are currently STEEM tokens on the market, with tokens available.

Are Steem transaction fees high?

The only fee mentioned by the network is the one needed to be paid for the account creation. However, it is said on their website that they will cover that fee for new accounts. Steam has no transaction fees inside its network, meaning that when using the Steemit platform there are no charges. When trading the token on some of the exchanges which support it you will encounter a trading fee that goes from 0.125 to 0.75%. Withdrawal fees on those exchanges are usually low as they charge 0.01 STEEM when withdrawing them.

Are STEEM tokens legal?

The crypto world has managed to increase its following in the past several years due to a huge increase in the price some tokens have had. Some of those tokens are even offered as payment options in some countries as well as on some of the best-known E-commerce platforms. However, this doesn't change the way that their legal status varies from one country to another. Click here to check the legality status of cryptocurrencies by country.

Where can you store STEEM tokens?

The options available when storing STEEM would include hardware or software wallets that support the token, where the hardware one is usually safer but also more expensive. Some people prefer to keep their tokens on the exchange they bought them from but this is seen as unsafe by others as your tokens have a third party. Lastly, keep in mind that more experienced traders like to spread out their tokens to prevent risking all of them in case something happens to one of their storing options.

How do you cash out STEEM tokens?

To cash out STEEM you can utilize any of the major exchanges which hold the token. The options you are looking at would be to either directly exchange them for fiat currency or to first swap them for another token with better liquidity, and then exchange those for fiat currency of your preference. Also, holders can use a peer-to-peer trade where your peer sends money to your bank account and you send the equal amount in STEEM tokens to their crypto wallet. 

Is Steem safe?

Steem and Steemit are used within the crypto community daily, so they are deemed safe enough. Like any other crypto platform, it has security measures in place. With that being said, you should do some research on your own on Steem and Steemit before making your final decision if this is something you want to get yourself into or not.

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STEEM
Steem
$?0.210584
-0.38% Last 24h
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