It is one of the coins that we all like to have as much as possible, and here I am sharing the price in the last one month that we have seen going down. The entire crypto market is affected by this kind of correction or a slight crash in prices, so obviously, steem cannot be left alone without the impact. However, I still believe that the coin has potential to grow, and it is just a matter of time.
This time, the market cycle is completely differet where some people are thinking that we are done with the market cycle, but others are saying that it has not even started because technically we have not seen any rally on the altcoins, and what we have seen is just a glimpse of something, but that cannot be called a bull rally for altcoins segment.
Currently the Steam coin is trending around $0.08 price mark and it was also gone below $0.08 however it can be seen that there is some sort of recovery overall in last few days that has pushed the price to go beyond $0.08 and I think it is good but at this price it is a number brainer to go for the deal if you are looking for buying the coin and grow your Steem power.
It is a popular web 3 social media platform where holding the power means you can earn a great amount of duration reward, and this time when the price is low, you can get more coins, which is going to help you in a way to increase your SP significantly. I have done it a lot in the past, but that time I had no thought that we could see this price also in the market, but it is the market, and anything can happen. However, I have powered up a lot in the past, and even I try to do it with whatever reward I generate, and sometimes I also buy from the market.
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