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Steem Price Prediction | Forecast for STEEM

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Table of Contents:

  1. Coin prognosis
  2. What is Steem coin?
  3. Future price prediction
  4. Frequently asked questions
  5. Historical Price Data

Why we are bullish on Steem Up Only

Our coin price forecasting algorithm indicates bullishness on the STEEM/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Steem, using ranking algorithms that are based on Historical price data.

What is Steem? Fundamental Analysis is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest.There are three main currencies in Steemit: Steem, Steem Power (SP) and Steem Backed Dollars (SBD).Steem is liquid and can be bought in an exchange and converted into steem dollars or steem power.Steem Power is basically Steem that is locked in a vesting fund for 3 months. Users can use steem power to upvote content and get curating rewards.When a user upvotes content his steem power gets depleted and then slowly regenerated. Steem Power holders recieve interest from their holdings. The more Steem Power a voter has the more revenue he'll generate for himself (in form of SP) and for the content creator  (In SBD).There is also an incentive to upvote content early, as the rewards are distributed according to time. The earliest votes gets the biggest share of the reward.Steem Backed Dollars are there to protect content creators from volatitlity and can be traded for roughly 1 usd worth of steem, in order to cash out from steem. Converting Steem backed dollars into STEEM takes 5 days. Users also recieve interest from holding SBD. TSteem is a proof of work currency with a scheduled blocktime of 3 seconds. Steem PoW mining is done in rounds of 63 seconds by 21 miners (witnesses). 19 of the miners are pre voted, one is the other with the most computational power, and the last one is selected from a queue of witnesses that did not get on the top 19 voted witnesses.90% of the block reward is allocated to a vest fund to reward curators and PoW miners, the other 10% are made liquid in the form of steem and are used to reward content creators. Steem gets converted to Steem Backed Dollars and sent to the content creator. 

Steem price prediction

Future price prediction

Date Price Possible movement
May 10, 2021 $0.9119 Neutral
June, 2021 $ 1.2171 USD Upside
July, 2021 $ 1.3526 USD Upside
August, 2021 $ 1.5901 USD Upside
November, 2021 $ 1.6412 USD Upside
May, 2022 $ 1.6082 USD Upside

STEEM Crypto Price Forecast: Frequently Asked Questions

Question Answer
Will Steem rise today? Our data indicates Steem will rise today. It's already higher than it's opening price. That's a great sign
What will be the highest price of Steem (STEEM) in future? Our analysis shows a possible all time high of $1.6082 USD
Will Steem (STEEM) price increase in future? Our prognosis shows Steem (STEEM) will increase exponentially in future, attaining a possible coin price of $1.6082 USD
Will an Investment in Steem (STEEM) be profitable or make a loss? Steem will be a profitable investment in the next 1 year, giving hodlers a good return.
What will be the highest price of Steem (STEEM) in future? $1.6082 USD
Will the price of Steem (STEEM) move downward in future? Up only
At the end of the year, what will be the price of 1 Steem? Our algorithms indicates an end of year price of 1 STEEM = $1.6082 USD.
What is the Steem price prediction for 2025? By the year 2025, the price of one STEEM could be as high as $8.0408 USD
Steem price prediction for 2030? Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030.
Where do I buy Steem? We painstakingly listed out some great options for you. Purchase STEEM coin here →

Historical Price Data (USD)

Pay close attention to daily volume flutuations. Rising volume like Steem has is a great indication it will do well in the short term.

Date Price Volume
May 5, 2021 $0.8114 $3,210,383
May 4, 2021 $0.9395 $1,119,869
May 3, 2021 $0.9225 $1,144,162
May 2, 2021 $0.8932 $1,080,020
May 1, 2021 $0.8878 $532,717
April 30, 2021 $0.8457 $632,981
April 29, 2021 $0.8734 $844,778
April 28, 2021 $0.9266 $734,826
April 27, 2021 $0.8649 $944,912
April 26, 2021 $0.7624 $701,420
April 25, 2021 $0.7769 $1,353,371
April 24, 2021 $0.709 $1,567,129
April 23, 2021 $0.7615 $1,490,380
April 22, 2021 $0.9374 $857,919
April 21, 2021 $0.9528 $822,334
April 20, 2021 $0.9768 $832,300
April 19, 2021 $1.04 $682,854
April 18, 2021 $1.193 $757,876
April 17, 2021 $1.297 $705,086
April 16, 2021 $1.26 $1,161,492
April 15, 2021 $1.172 $896,257
April 14, 2021 $1.244 $1,363,819
April 13, 2021 $1.248 $1,015,072
April 12, 2021 $1.304 $1,089,855
April 11, 2021 $1.416 $1,550,772
April 10, 2021 $1.25 $3,915,223
April 9, 2021 $1.03 $2,661,099
April 8, 2021 $0.8931 $1,405,891
April 7, 2021 $0.9814 $2,278,065
April 6, 2021 $1.043 $724,490

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