STEEM continues to the recovery, as it pushes against the bears daily. As at the time of this writing, the STEEM token is down by 2.48% over the last 24 hours and an accumulated hike of over 25% in the last 7 days.
The Steem token now has a trade value of $1.67. Steem is currently the 31st largest cryptocurrency by market cap, holding an estimated $438 million USD.
Most of the recent activity on the network is geared towards improving the developers on the Steem network. Steemwork Team, recently released Major Dev Portal Updates which constitutes part of the Hivemind.