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.
#STEEM #BullCyclePrediction #CryptoReboundStrategy #SteemAnalysis