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RE: STEEM is Worth a Lot More Than It Currently Does (Even at $3) - Communities and HF20

in #price6 years ago (edited)

Last time SBD had such a big runup, STEEM soon followed with a 600% growth! It looked like this:
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Now think about the fact that the crypto market is in a bull run on steroids period at the moment. Basically, everything goes up. Even the Billion $ total market cap coins go up 300-400% or more in days/weeks as if it's absolutely nothing! XEM, XRP, ADA, I could go on and on. STEEM has a rather low cap compared to those, haven't reached it's old ATH, has a way bigger userbase and way more profitable than ever before thanks to the high SBD price. I mentioned that a bull run is inevitable at 1.8, I still believe that in the next few weeks it will happen.

STEEM passed through the previous high(~2.40) easily, next resistance will be the ~4.40 ATH and when it goes through, it goes berserk as others did too. My prediction is around 1.7-2.5 billion market cap. ~50k satoshi(if BTC goes insane again, it will be lower of course, but 7-10 in USD). At the moment, this might seem too good to be true, but then we can have a look at coins like TRON, Verge, QTUM, XEM, Stellar, EOS, etc.(yup, lots of coins) which did ~4-10x(or more) in like a week or two. 400-600% is more than achievable.

/Oh, almost forgot, not a financial advice! ;) /