Things were different a year ago...
1 Year Ago, a $700,000 marketcap got you into the Top 100 Cryptos of the marketcap, whereas, your Crypto needs about a ~$40,000,000 marketcap to be in the Top 100 Today.
That's a pretty big deal... This is what the MarketCap looks like today. Look at the huge gap in the numbers...
One thing that is truly mind-blowing, is the rate at which NEW COINS can shoot to the top.
For example, CARDANO, IOTA, & BITCOIN CASH all immediately shot up into the top 20 or 15 upon release. That's crazy. NEO got there too, but it wasn't as instant as the others.
All of these cryptos have made massive gains from massive pumps. Could STEEM Be Next to Pump?
I think it's definitely possible.
I think that, as far as utility goes, when compared to the growth of literally all the other cryptos, including DOGECOIN, I think that Steem is literally one of the most undervalued cryptos right now. I honeslty find it mind-blowing that it hasn't seen a ridiculously huge pump, like many of the others have. It is the poster child for the word Sleeping Giant in my opinion. Should we take advantage of this opportunity to get more STEEM around this $1 support line? Or should we hope it crashes to 25 Cents? Share your Crypto Thoughts in the comments below!
And if you'd like to Stroll down Memory Lane on Coin Market Cap, you can do so my going to Tools > Historical Snapshots > The Date you're looking for (: Ahhhhhh, the small of nostalgia, & FOMO.