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RE: Day 24 - Steem Advent Calendar 2018, Win prize, LAST DAY! 🎄🎁

in #steemadvent5 years ago

For 2019, I see a lot of success coming to Steemit. Steem's Smart Media Tokens are supposed to launch in March, according to Ned. The launch of SMT's will spark a lot of growth in the Steem ecosystem.

DTube, one of the top Steem DApps, will be creating their own SMT as well as some other currently existing DApps. The SMT's due to how they function, will increase the price of Steem as the DApp developers will need to stake away their Steem to use network resources.

In short, I think the SMT's releasing Q1 2019 will have a huge impact on the Steem ecosystem. We will begin to see more DApps coming to the ecosystem and as a result we will see an increase in demand for Steem.

As far as price goes, it's anyone's guess. Crypto markets aren't very rational. My prediction for the price by x-mas 2019 is $1.50, though. We have seen Steem worth more than that just a year ago. I think $1.50 is a pretty conservative guess. A lot of it will depend on how the roll out of SMT's go and the kinds of DApps that are created with them.