STEEM TARGET = $2.80
Recently I made a call for an imminent Target Price of STEEM at $2.80 and there appears to be some confusion where this figure comes from.
In the last 6 months we have witnessed an unprecedented influx of fresh cash into the Cryptocurrency Market that has seen an increase from approx $20 billion to >$54 billion.
6 months ago STEEM was at a respectable 7th place and I strongly believe that is heading back to this place imminently.
To rank in 7th Place, STEEM would have to demand a Market Capital in excess of $655 million to sit comfortably.
I am confident that in the coming few weeks/months we will see STEEM breach this Target.
Thanks again for reading.
Stephen