Overnight the crypto market took a hammering with many coins suffering double digit drops. Steem was one of them. Obviously that is not great, but it did not drop many places overall. It has been down in the 70s for a while. I think it deserves to be at least top 30 based on actual usage, but the speculators determine that.
However, if you are a small Steem account (aka redfish) and you have some faith in the platform then this is your chance to boost your SP. You could currently get to minnow for about $140. I spend almost as much on our weekly food shop, but I appreciate that can be weeks of wages for others.
If Steem grows to many millions of users then most will not be able to have have hundreds of Steem and the price may shoot up. It is all a gamble. I have have earned most of my Steem, but have bought some.
As a little incentive I will delegate 100 SP to anyone who buys at least 200 Steem and powers it up in the next week, with the following conditions. You must currently be below 500 SP, you cannot be powering down and I will make a judgement on the quality of your posts. I will not support those who just spam the system or who are buying lots of votes. Selected accounts will also be added to the voting trail. Comment below if you want to be considered.
Steem on!
The geeky guitarist and facilitator of the 10K Minnows Project.
- I'll buy guitar picks for Steem
- Get a Wirex Debit Card to spend your crypto.
- Get some passive income with Mannabase
- Get paid to search at Presearch
- Battle for cards on Steem Monsters
- I have Steem accounts to give away to worthy people!