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RE: WHY IS THE PRICE OF STEEM DOING DOWN |STEEM|

in #news7 years ago (edited)

More STEEM gets created everyday as content is created and blocks get mined to reward post creators and curators. Total STEEM supply is increasing and so is the user base and value of the platform. That equilibrium should set the market price.
How will this token inflation change over time and what is the long term impact to the price of STEEM tokens?