Trading analysis of STEEM in 2024

In 2024, Steem (STEEM) experienced notable fluctuations in both price and trading volume.

$STEEM


Throughout the year, STEEM's price ranged from approximately $0.15 to $0.63. Early in the year, the price was around $0.15, and by the end of 2024, it had risen to approximately $0.30, indicating a potential gain of about 40.64% over the year.

$STEEM
Trading volumes also varied significantly, with 24-hour volumes ranging from $26 million to over $537 million, reflecting varying levels of market activity and investor interest.

Overall, STEEM's market capitalization remained relatively modest compared to major cryptocurrencies, with a market cap of approximately $106 million as of November 6, 2024.

$STEEM
These trends highlight the volatility and dynamic nature of the cryptocurrency market, emphasizing the importance of thorough research and risk assessment for potential investors.

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$STEEM

Last Price: $0.3098

24h Change: +14.15%

$STEEM ’s 14.15% rise showcases its continued relevance as a blockchain-based social media and content creation platform.

Its unique rewards system for user contributions remains attractive, potentially driving its current market momentum.

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Who took this trade ?

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$STEEM está ganando tracción, apoyado en $0.12, con un objetivo de $0.44 a la vista. El volumen en aumento y el apoyo de $SOL dejan mucho potencial de crecimiento. El movimiento favorable de Bitcoin podría mejorar significativamente la trayectoria de $STEEM, convirtiéndolo en un activo a seguir de cerca.
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$STEEM

Currently the price of Steem (STEEM) is approximately $0.2446

Various forecasts for STEEM's price by the end of 2025 show a range of estimates:

CoinCodex: Predicts an average price of $0.13337, with a minimum of $0.095046 and a maximum of $0.244402.

Changelly: Estimates an average trading price of $0.243, with a maximum around $0.183.

Binance: Suggests a potential increase to $0.296848 by the end of 2025.

DigitalCoinPrice: Projects a steady price around $0.50, with a range between $0.43 and $0.51.

3Commas: Forecasts a price of $0.18536996 in 2025.

These predictions vary significantly, reflecting the inherent volatility and unpredictability of the cryptocurrency market.

It's important to note that these are speculative estimates and should not be considered financial advice.

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