Steem (STEEM) Price Prediction 2022-2031
Steem is a blockchain platform where anyone can earn rewards for posting and viewing content. The incentive platform supports community building and social engagement, rewarding those who participate in publishing, voting, and exploring large content using cryptocurrency. The social media project was founded in 2016 by Daniel Larimer (former BitShares programmer) and Ned Scott.
There was no Steem ICO when the project appeared – instead, Steem platform attracted content creators who started contributing their articles to the website and got rewarded STEEM tokens for it. Thus, the project is supported not only by large investors but rather by usual contributors – content creators and readers.
Steem social media platform was created for ordinary
people to reward their effort for the online communities. It allows empowering
users from all over the globe.
The following groups of people can greatly benefit
from using their platform:
- Heads of organizations
- Registered participants
Steem Coin Overview
|STEEM Price Today||$0.17|
|Price Change 24h||1.20%|
|Price Change 7d||-27.70%|
|STEEM Market cap||$68,256,880.23|
|Circulating Supply||394,951,699 STEEM|
|STEEM Trading Volume||$3,721,268.88|
|All time high||$8.57|
|All time low||$0.07|
Steem Coin Fundamental Value
Steemit platform has 3 tokens: each plays an important
role in sustaining a healthy ecosystem of the platform:
- Steem (STEEM) is the main platform token. The value of the other two tokens depends on the value of Steam. Steem converts to steem power instantly. Steem increases by 100% per year in order to leave high motivation inside the platform for new users. It can be traded on exchanges. The price of Steem depends on the market;
- Steem Power (SP) is an exclusively internal currency that determines the strength of voice on the platform. Like any startup, Steemit needs long-term investment. SP cannot be converted and displayed immediately. Even if there is a desire to withdraw SP, they will be converted into STEEM in equal parts during the year, according to the dividend system. The SP course is completely dependent on the Steem cost;
- Steem Dollar (SBD) is another cryptocurrency that is traded on exchanges. Unlike the previous two, its rate is completely dependent on the dollar. That is the price of Steem coin SBD is always $1. SBD cannot be converted to SP. Part of the remuneration for the content creator is paid in SBD, which guarantees its value. In the future, developers plan to introduce this particular currency into the global economy so that it can be paid for purchases and services.
A pool of rewards is formed daily for both content creators and readers (curators). Their size depends on the capitalization of the cryptocurrency platform. The reward pool is shared between authors and readers (75% is received by authors, 25% – by readers (curators). Witnesses or holders of nodes, that is, those who have a Steemit database on their hosting, get 10% for the expended capacities. 15% is given to so-called long-term investors, that is, those who hold their assets in SP, which is a motivation for investors not to lower their capacity and be interested in long-term investments.
Steem Coin Price Analysis
According to the latest data gathered, the current price of Steem is $$0.17, and STEEM is presently ranked No. 274 in the entire crypto ecosystem. The circulation supply of Steem is 394,951,699 STEEM, with a market cap of $68,733,640.01.
In the past 24 hours, the crypto has increased by $0.0030 in its current value.
Steem is facing a hard time getting on board with other crypto coins. STEEM has fallen by almost 27.14% in the last 7 days. With concerns about the associated risks intensifying in the past few days, we don’t think the coin would be a profitable asset in the short term, even though it might have strong fundamentals.
Within the last month, the price of STEEM has decreased by 24.22%, eliminating a whopping average sum of $0.04 from its current value. This sudden drop means that the coin is in a dip right now, so it can be a good buying opportunity for quick investment.
Steem (STEEM) Prediction Table
|Year||Minimum Price||Average Price||Maximum Price|
Steem Price Prediction 2022
According to the technical analysis of Steem prices expected in 2022, the minimum cost of Steem will be $0.179982. The maximum level that the STEEM price can reach is $0.19998. The average trading price is expected around $0.189981.
STEEM Price Forecast for November 2022
Based on the price fluctuations of Steem at the beginning of 2022, crypto experts expect the average STEEM rate of $0.179982 in November 2022. Its minimum and maximum prices can be expected at $0.159984 and at $0.189981, respectively.
December 2022: Steem Price Forecast
Cryptocurrency experts are ready to announce their forecast for the STEEM price in December 2022. The minimum trading cost might be $0.179982, while the maximum might reach $0.19998 during this month. On average, it is expected that the value of Steem might be around $0.189981.
Steem Price Prediction 2023
After the analysis of the prices of Steem in previous years, it is assumed that in 2023, the minimum price of Steem will be around $0.259974. The maximum expected STEEM price may be around $0.319968. On average, the trading price might be $0.269973 in 2023.
Steem Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Steem, in 2024, STEEM is expected to have the following minimum and maximum prices: about $0.379962 and $0.459954, respectively. The average expected trading cost is $0.389961.
Steem Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Steem and their fluctuations during the previous years. It is assumed that in 2025, the minimum STEEM price might drop to $0.579942, while its maximum can reach $0.649935. On average, the trading cost will be around $0.59994.
Steem Price Prediction 2026
Based on the analysis of the costs of Steem by crypto experts, the following maximum and minimum STEEM prices are expected in 2026: $0.9999 and $0.849915. On average, it will be traded at $0.879912.
Steem Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Steem. Based on their predictions, the estimated average STEEM price will be around $1.25. It might drop to a minimum of $1.21, but it still might reach $1.46 throughout 2027.
Steem Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Steem. It is estimated that STEEM will be traded between $1.80 and $2.12 in 2028. Its average cost is expected at around $1.87 during the year.
Steem Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Steem’s price. The year 2029 will be determined by the maximum STEEM price of $3.15. However, its rate might drop to around $2.62. So, the expected average trading price is $2.71.
Steem Price Prediction 2030
After years of analysis of the Steem price, crypto experts are ready to provide their STEEM cost estimation for 2030. It will be traded for at least $3.73, with the possible maximum peaks at $4.61. Therefore, on average, you can expect the STEEM price to be around $3.86 in 2030.
Steem Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Steem’s price. The year 2031 will be determined by the maximum STEEM price of $6.59. However, its rate might drop to around $5.37. So, the expected average trading price is $5.56.
Steem price now
As of now, Steem (STEEM) price is $0.17 with Steem market capitalization of $68,711,852.72.
Is Steem a good investment?
The forecast for Steem price is quite positive. It is expected that STEEM price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Steem rise?
It seems that the average price of Steem might reach $0.189981 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $1.25. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Steem be worth 2023?
STEEM minimum and maximum prices might hit $0.259974 and $0.319968 accordingly.
How much will Steem be worth 2025?
Steem network is developing rapidly. STEEM price forecast for 2025 is rather positive. The STEEM average price is expected to reach minimum and maximum prices of $0.579942 and $0.649935 respectively.
How much will Steem be worth 2030?
STEEM is provided with suitable environment to reach new heights in terms of price. STEEM price prediction is quite positive. Business analysts predict that STEEM might reach the maximum price of $4.61 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.