Steem’s market cap increasing from approximately $90 million to $150 million.
$60 million just flowed into Steem.
Not literally though, 2/3 is powered up and around 90mil are on exchanges so marketcap doesn't really mean that much money has entered the space. I'm sure you're aware of that just thought I'd point it out.
Excellent point.
Having a real brain fart trying to figure out how much actually would’ve flowed in now.
I suppose if 2/3rds is Powered Up, that’s mean it’s be a maximum of $20 million. Though certainly the calculation wouldn’t be that simple still...
Shit. Lol.
Yeah it's hard to say/calculate, many can just be traders who some are so short term they may dump a few hours later but still cause a lot of volume. Enjin had 2x higher volume per 24h than their marketcap yesterday. xD
That is one coin that’d certainly had quite the run up lately. I heard it was tied to the news about their acceptance for use on the new Samsung phones.
Certainly pays to have an ear to the ground and stay ahead of the mainstream news if trading/investing based on fundamentals in this game!
Yeah, I recommend subscribing to a lot of coins and following their team's on twitter. There'll probably be a few gems further behind on marketcap that can prove to be a good investment later.