Steem (STEEM) Price Prediction – 2023, 2025, 2030

Steem (STEEM) Overview

🪙 Cryptocurrency Steem
💱 Ticker Symbol STEEM
🏆 Rank 361
💸 Market Cap $165,010,438
💲 Price $0.359882
🚀 Trading Volume $34,948,702
📈 Price Change (24h) -0.89%
💰 Current Supply 458,512,304
  • Bullish Steem (STEEM) price predictions range between $1.62 and $3.06 by 2030.
  • Market analysts believe STEEM could reach $1.26 by 2025.
  • Bearish Steem market price prediction for 2023 is $0.287906.

Steem (STEEM) Introduction

The usage of the technology has expanded to incorporate social media since the first blockchain project debuted. In order to establish a more equitable social media environment, for instance, the Steem blockchain was developed. Here, platform users, rather than platform owners, are compensated for their social activities. See if you should invest in STM tokens by reading our price predictions.

What Is Steem (STEEM)?

In order to develop a new sort of platform, Steem combines concepts from both cryptocurrency and social media. Anyone may create content on the Steem network and share it or give it an upvote and, depending on how well they do in the community, receive cryptocurrency tokens.

The main platform for Steem is a social media network called Steemit that is constructed on top of the Steem blockchain. Steemit is comparable to well-known social networks that are content-driven like Medium and Reddit, moreover it compensates users with bitcoin. Here’s how it functions:

  • Fundamentally, the people in charge of creating and selecting that content have a bigger opportunity to profit the more value they deliver to a larger audience.
  • Users voted, establishing a hierarchy of the material. A post’s earnings increase as it receives more upvotes. In order to provide users greater options when evaluating material, the site now supports downvotes.
  • The meritocracy of Steemit allows individuals with more cash to vote more powerfully.

Both Steem and bitcoin were developed with a particular objective in mind. Steem and bitcoin were both developed with certain specific goals. An electronic, peer-to-peer money called bitcoin was developed. 

A social media platform is at the heart of Steem. Content is prioritized on many social media sites via voting mechanisms including upvotes, shares, and “likes.” These ideas are used by Steem, a cutting-edge platform built on blockchain technology that rewards users with STEEM for their network efforts. Cryptocurrencies like STEEM and bitcoin are both used in social networks, but STEEM is more specialized.

Steem (STEEM) Fundamental Analysis

STEEM, Steem Power (SP), and Steem Dollars are the three digital tokens that make up the Steemit ecosystem.

STEEM

The base cryptocurrency of the Steemit network is STEEM. Through a number of well-known exchanges, STEEM may be converted into bitcoin or other cryptocurrencies. However, you must convert your STEEM into Steem Power in order to cast votes (SP). “Powering up” is the term for this procedure. STEEM may also be changed into Steem Dollars.

Steem Power (SP)

STEEM is invested as stock in the network when it is converted into SP. Votes are equal to one unit of STEEM, vesting as SP. The ability to influence which material is prioritized at the top belongs to those having the most SP to provide. Users with more SP than others have greater value when it comes to their upvotes and downvotes, also known as “flags.” Furthermore, a large portion of newly minted STEEM—roughly 90%—goes to users with a lot of SP, which encourages users to reinvest their profits in the network. There are restrictions on how quickly SP may be “powered down,” or converted back into STEEM.

Steem Dollars

Short-term debts are represented by Steem Dollars, which have a value of 1:1 to the US dollar. In order to encourage growth, Steem’s white paper describes holding Steem Dollars as a manner of lending the community the equivalent of one US dollar.

Steem (STEEM) Technical Analysis

Although 100% correct technical analysis for the cryptocurrency Steem is improbable, you can examine the aggregated STEEM buy-and-sell rating in real-time for the chosen time frame using TradingView’s sophisticated technical analysis tool. Moving averages, oscillators, and pivot points are used as the foundation for the summary for STEEM/USD.

Participating in the Steem network offers a lot of chances to win prizes. The essence of Steem is rewarding people for producing and curating information that benefits the community. New users should have reasonable expectations, though, as it’s uncommon for a first post to become popular and bring in a sizable payout.

There is a significant incentive for members to provide since Steemit utilizes a voting system to favor great material. Another strategy for expanding your influence and income on the Steem network is to acquire Steem Power (SP). Your upvotes have greater power the more you spend on the platform, which increases your chances of earning prizes.

Steem (STEEM) Current Price

Steem is currently worth $0.359882 USD. STEEM has moved -0.89% in the last 24 hours with a trading volume of $34,948,702. Steem is currently ranked 361 amongst all cryptocurrencies with a market capitalization of $165,010,438 USD.


Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Steem (STEEM) to decide wether it is going to have a bullish or bearish year.

Steem (STEEM) Price Predictions

Year Minimum Price Average Price Maximum Price
2023 $0.431859 $0.503835 $0.539823
2024 $0.719764 $0.791741 $0.899706
2025 $1.08 $1.15 $1.26
2026 $1.44 $1.51 $1.62
2027 $1.80 $1.87 $1.98
2028 $2.16 $2.23 $2.34
2029 $2.52 $2.59 $2.70
2030 $2.88 $2.95 $3.06
2031 $3.24 $3.38 $3.53

Our price prediction forecasts use real-time Steem (STEEM) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Steem (STEEM) Price Prediction 2023

Steem, according to some, is one of the most amazing cryptocurrencies to rise this year (STEEM). The STEEM price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.539823.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.503835 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. STEEM is expected to have a minimum value of $0.431859.

Steem (STEEM) Price Prediction 2024

In 2024, Steem STEEM price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of STEEM will soon surpass $0.899706. However, we should wait to see if the STEEM’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, STEEM will trade with a minimum trading price of $0.719764 and an average trading price of $0.791741.

Steem (STEEM) Price Prediction 2025

If the upward trend continues until 2025, it could reach $1.26 and STEEM may profit. If the market experiences a decline, the goal may not be met. STEEM is expected to trade at an average price of $1.15 and a low of $1.08 in 2025.

Steem (STEEM) Price Prediction 2026

If Steem successfully boosts market sentiment among cryptocurrency enthusiasts, the STEEM coin price could remain stable for the next five years.

According to our projections, STEEM will be green in 2026. The STEEM is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.62, with a minimum price of $1.44 and an average price of $1.51.

Steem (STEEM) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the STEEM price is expected to cross an average price level of $1.87 by 2027, with a minimum price of $1.80 expected before the end of the year. Furthermore, STEEM has a maximum price value of $1.98.

Steem (STEEM) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $2.23. If STEEM manages to break the resistant level in 2028, we could see a maximum price of $2.34, failing to gather the support STEEM needs by 2028 could result in a low of $2.16.

Steem (STEEM) Price Prediction 2029

While STEEM is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $2.52 and a yearly price close above $2.70 in 2029.

Steem (STEEM) Price Prediction 2030

By 2030, Steem will finally surpass its previous ATH values and record new price levels. The minimum price could be $2.88 and potentially reach a maximum price value of $3.06, averaging out at $2.95.

Steem (STEEM) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum STEEM price in 2031 is projected to be $3.53 in the event of a bull run, with an average price level of $3.38.

Conclusion

There is no connection between PlayDapp’s value now and its future cost. However, how much depends on the elements that emerge during the market’s growth and development stage. These elements influence the growth of a PLA.

As an alternative, you may do some research. If you’re making your first buy in this market, token owners can help you decide. Because the cryptocurrency market is so unstable, it could be challenging to estimate the precise value of any one currency in advance.

The PLA cryptocurrency has been around for some time and has thus far performed nicely. PlayDapp investments can be wise, but you should wait to make big ones until the market has declined significantly.

Continue to be mindful of current market moves. Observe the different prices, supports, and resistance levels so that you can make an informed decision.

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FAQ

What is the Steem (STEEM) price today?

Today, Steem (STEEM) is trading at $0.359882 with a total market capitalization of $165,010,438.

Is Steem a good investment?

Steem proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that STEEM is a good choice of investment.

How high can Steem go?

The average price of Steem (STEEM) can possibly reach $0.503835 this year. Over the next 5 years, it is projected that Steem may surpass $2.34.

How much will Steem be worth in 5 years?

Based on the rising popularity of cryptocurrency and Steem, a long term investment in STEEM could see the price rise to $2.34 within the next 5 years.

How much will Steem be worth in 10 years?

If you invest in Steem today, as with any investment, a long term increase is expected. The price of STEEM could possibly rise to $4.57 within the next 10 years.

What will the Steem price be in 2024?

Steem (STEEM) price is expected to reach $0.899706 by 2024.

What will the Steem price be in 2025?

Steem (STEEM) price is expected to reach $1.26 by 2025.

What will the Steem price be in 2026?

Steem (STEEM) price is expected to reach $1.62 by 2026.

What will the Steem price be in 2027?

Steem (STEEM) price is expected to reach $1.98 by 2027.

What will the Steem price be in 2028?

Steem (STEEM) price is expected to reach $2.34 by 2028.

What will the Steem price be in 2029?

Steem (STEEM) price is expected to reach $2.70 by 2029.

What will the Steem price be in 2030?

Steem (STEEM) price is expected to reach $3.06 by 2030.

What will the Steem price be in 2031?

Steem (STEEM) price is expected to reach $3.53 by 2031.

Jason Conor Verified

Editor-in-Chief of the BitcoinWisdom site, I'm responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications.

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