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Steem Seems To Stabilize Around $2.50 - 3.00 USD

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steembusiness
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last yearBusy2 min read

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It seems like the worst is over and the market starts to stabilize itself, slowly moving towards higher valuations again. While Bitcoin crossed the $8,000 USD mark, Steem seems to stabilize around $2.50 - 3.00 USD after a longer period of moving below the line of $2 USD only.

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Taking the current predictions of Bitcoins value into account at the end of 2018 this would mean a proportional rise of Steem to values around $10 USD. It'd only be a 300 - 400% rise after all, which wouldn't even bee to optimistic within the cryptospace.

Anyways a price around $10 USD doesn't even respect any new developments neither the launch of SMT's at all. So at least in my opinion it's more than just likely that steem might reach values far beyond that, probably nothing in the 3 digit area but a higher 2 digit one eventually.

There's no guarantee of course, especially not in crypto so please don't start to throw all your money blindly into steem ;) Always invest cautious and don't even try to take my opinion or anyone elses as investment advise!

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