intermediate
Steem is a blockchain platform where anyone can earn rewards for posting and viewing content. The incentive platform supports community building and social engagement, rewarding those who participate in publishing, voting, and exploring large content using cryptocurrency. The social media project was founded in 2016 by Daniel Larimer (former BitShares programmer) and Ned Scott.
There was no Steem ICO when the project appeared – instead, Steem platform attracted content creators who started contributing their articles to the website and got rewarded STEEM tokens for it. Thus, the project is supported not only by large investors but rather by usual contributors – content creators and readers.
Steem social media platform was created for ordinary
people to reward their effort for the online communities. It allows empowering
users from all over the globe.
The following groups of people can greatly benefit
from using their platform:
CreatorsCuratorsBuyersBusinessmenBloggersCommentersReadersHeads of organizationsSourcesRegistered participants
Steem Coin Overview
Our real-time STEEM to USD price update shows the current Steem price as $0.193960 USD.
Our most recent Steem price forecast indicates that its value will increase by 7.04% and reach $0.207622 by May 15, 2023.
Our technical indicators signal about the Bearish Bullish 0% market sentiment on Steem, while the Fear & Greed Index is displaying a score of 48 (Neutral).
Over the last 30 days, Steem has had 15/30 (50%) green days and 6.36% price volatility.
Steem (STEEM) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Steem (STEEM) Price Prediction For Today, Tomorrow and Next 30 Days
Steem Prediction Table
Steem Historical
According to the latest data gathered, the current price of Steem is $$0.19, and STEEM is presently ranked No. 277 in the entire crypto ecosystem. The circulation supply of Steem is $83,957,256.14, with a market cap of 433,903,659 STEEM.
In the past 24 hours, the crypto has increased by $0.0014 in its current value.
For the last 7 days, STEEM has been in a good upward trend, thus increasing by 7.23%. Steem has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of STEEM has increased by 11.58%, adding a colossal average amount of $0.02 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Steem Price Prediction 2023
According to the technical analysis of Steem prices expected in 2023, the minimum cost of Steem will be $0.1626397344. The maximum level that the STEEM price can reach is $0.1979572023. The average trading price is expected around $0.2332746702.
STEEM Price Forecast for May 2023
Based on the price fluctuations of Steem at the beginning of 2023, crypto experts expect the average STEEM rate of $0.206239374 in May 2023. Its minimum and maximum prices can be expected at $0.1792040778 and at $0.2332746702, respectively.
June 2023: Steem Price Forecast
Cryptocurrency experts are ready to announce their forecast for the STEEM price in June 2023. The minimum trading cost might be $0.1626397344, while the maximum might reach $0.2146514927 during this month. On average, it is expected that the value of Steem might be around $0.1886456136.
STEEM Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Steem in 2023 and in previous years, so the average STEEM rate they predict might be around $0.2138979547 in July 2023. It can drop to $0.2122814631 as a minimum. The maximum value might be $0.2155144464.
August 2023: Steem Price Forecast
In the middle of the year 2023, the STEEM price will be traded at $0.2104977481 on average. August 2023 might also witness an increase in the Steem value to $0.2121699809. It is assumed that the price will not drop lower than $0.2088255154 in August 2023.
STEEM Price Forecast for September 2023
Crypto experts have analyzed Steem prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.2070975415. The lowest and peak STEEM rates might be $0.2054810498 and $0.2087140332.
October 2023: Steem Price Forecast
Crypto analysts expect that at the end of summer 2023, the STEEM price will be around $0.2036973349. In October 2023, the Steem cost may drop to a minimum of $0.2020251021. The expected peak value might be $0.2053695677 in October 2023.
STEEM Price Forecast for November 2023
Having analyzed Steem prices, cryptocurrency experts expect that the STEEM rate might reach a maximum of $0.20191362 in November 2023. It might, however, drop to $0.1986806366. For November 2023, the forecasted average of Steem is nearly $0.2002971283.
December 2023: Steem Price Forecast
In the middle of autumn 2023, the Steem cost will be traded at the average level of $0.1968969217. Crypto analysts expect that in December 2023, the STEEM price might fluctuate between $0.1952246889 and $0.1985691544.
Steem Price Prediction 2024
After the analysis of the prices of Steem in previous years, it is assumed that in 2024, the minimum price of Steem will be around $0.349965. The maximum expected STEEM price may be around $0.429957. On average, the trading price might be $0.359964 in 2024.
Steem Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Steem, in 2025, STEEM is expected to have the following minimum and maximum prices: about $0.479952 and $0.59994, respectively. The average expected trading cost is $0.49995.
Steem Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Steem and their fluctuations during the previous years. It is assumed that in 2026, the minimum STEEM price might drop to $0.669933, while its maximum can reach $0.839916. On average, the trading cost will be around $0.69993.
Steem Price Prediction 2027
Based on the analysis of the costs of Steem by crypto experts, the following maximum and minimum STEEM prices are expected in 2027: $1.17 and $0.949905. On average, it will be traded at $0.979902.
Steem Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Steem. Based on their predictions, the estimated average STEEM price will be around $1.40. It might drop to a minimum of $1.35, but it still might reach $1.64 throughout 2028.
Steem Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Steem. It is estimated that STEEM will be traded between $1.92 and $2.29 in 2029. Its average cost is expected at around $1.99 during the year.
Steem Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Steem’s price. The year 2030 will be determined by the maximum STEEM price of $3.39. However, its rate might drop to around $2.86. So, the expected average trading price is $2.95.
Steem Price Prediction 2031
After years of analysis of the Steem price, crypto experts are ready to provide their STEEM cost estimation for 2031. It will be traded for at least $4.19, with the possible maximum peaks at $4.98. Therefore, on average, you can expect the STEEM price to be around $4.34 in 2031.
Steem Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Steem’s price. The year 2032 will be determined by the maximum STEEM price of $7.30. However, its rate might drop to around $5.90. So, the expected average trading price is $6.12.
Steem Coin Fundamental Value
Steemit platform has 3 tokens: each plays an important
role in sustaining a healthy ecosystem of the platform:
Steem (STEEM) is the main platform token. The value of the other two tokens depends on the value of Steam. Steem converts to steem power instantly. Steem increases by 100% per year in order to leave high motivation inside the platform for new users. It can be traded on exchanges. The price of Steem depends on the market; Steem Power (SP) is an exclusively internal currency that determines the strength of voice on the platform. Like any startup, Steemit needs long-term investment. SP cannot be converted and displayed immediately. Even if there is a desire to withdraw SP, they will be converted into STEEM in equal parts during the year, according to the dividend system. The SP course is completely dependent on the Steem cost; Steem Dollar (SBD) is another cryptocurrency that is traded on exchanges. Unlike the previous two, its rate is completely dependent on the dollar. That is the price of Steem coin SBD is always $1. SBD cannot be converted to SP. Part of the remuneration for the content creator is paid in SBD, which guarantees its value. In the future, developers plan to introduce this particular currency into the global economy so that it can be paid for purchases and services.
A pool of rewards is formed daily for both content creators and readers (curators). Their size depends on the capitalization of the cryptocurrency platform. The reward pool is shared between authors and readers (75% is received by authors, 25% – by readers (curators). Witnesses or holders of nodes, that is, those who have a Steemit database on their hosting, get 10% for the expended capacities. 15% is given to so-called long-term investors, that is, those who hold their assets in SP, which is a motivation for investors not to lower their capacity and be interested in long-term investments.
Steem Coin Price Analysis
According to the latest data gathered, the current price of Steem is $$0.19, and STEEM is presently ranked No. 277 in the entire crypto ecosystem. The circulation supply of Steem is $83,957,256.14, with a market cap of 433,903,659 STEEM.
In the past 24 hours, the crypto has increased by $0.0014 in its current value.
For the last 7 days, STEEM has been in a good upward trend, thus increasing by 7.23%. Steem has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of STEEM has increased by 11.58%, adding a colossal average amount of $0.02 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
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FAQ
Steem price now
As of now, Steem (STEEM) price is $0.19 with Steem market capitalization of $83,585,171.84.
Is Steem a good investment?
Considering current bearish trend in Steem price movements, it is expected the cryptocurrency will continue meeting price decline. Please, invest wisely and don’t forget to DYOR when investing in any type of asset.
Can Steem rise?
It seems that the average price of Steem might reach $0.259974 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $0.979902. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Steem be worth 2023?
STEEM minimum and maximum prices might hit $0.249975 and $0.279972 accordingly.
How much will Steem be worth 2025?
Steem network is developing rapidly. STEEM price forecast for 2025 is rather positive. The STEEM average price is expected to reach minimum and maximum prices of $0.479952 and $0.59994 respectively.
How much will Steem be worth 2030?
STEEM is provided with suitable environment to reach new heights in terms of price. STEEM price prediction is quite positive. Business analysts predict that STEEM might reach the maximum price of $3.39 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $2.95
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
