What is STEEM?
STEEM (STEEM) is an altcoin currently ranked 404th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $0.0440, STEEM carries a market capitalization of $23.19M. Daily trading volume across exchanges sits at roughly $4.68M. That works out to a 24-hour turnover of about 20.19% of the float — elevated turnover, often a signal of active narrative-driven trading.
Price action across timeframes
Over the past 24 hours, STEEM has moved -0.46%; over the past week, STEEM has moved -11.15%; over the past 30 days, STEEM has moved -9.15%; over the past year, STEEM has moved -65.71%.
Cycle position
STEEM is currently trading far below its all-time high (all-time high of $8.57, -99.5% from peak). .
Supply & dilution
The circulating supply stands at 549,659,872 STEEM. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts STEEM in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -9.15%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate STEEM
A balanced read on STEEM typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is STEEM performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Steem is a blockchain-based social media platform that rewards users for creating and curating content, utilizing its native cryptocurrency, STEEM. It aims to democratize content creation and promote a decentralized ecosystem of user-generated content. Source: CoinPaprika.com
