You are viewing a single comment's thread from:

RE: STEEM - Bounce still in progress - Sitting on the long term support line

in #steem6 years ago

I just had this thought... Since the it appears the value of STEEM seems to follow the market cap closely.. am I wrong to theorize that the upcoming massive STEEM Power Down on Tuesday as reported by @me-tarzan could be used to boost the value of STEEM when the whales who powered down their STEEM start trading it on the market? Does that increase the market cap? Or am I just plain wrong?

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.032
BTC 63645.37
ETH 3067.90
USDT 1.00
SBD 3.81