What a time to be alive.... 🙌
And here we are, deep into the month of April and for the 2nd week in a row...We're up!
We started our little HODL challenge on April 1st with the price of Steem at $1.86 and last week it hit $1.94...
Not bad right?
After all the red days we've seen since the beginning of the year, having back to back weeks of positive news was a welcomed sign...
But then, the markets starts to SLOWLY start an upwards trend and here we are, sitting on a very nice increase since last week...
(Via CoinMarketCap at 2:00 pm eastern)
Yup, that's a full dollar more per Steem this week since last.
So if we held the original 54 tokens of Steem since April first we are sitting at $158.76 .....A VERY nice haul :)
Disclaimer: The beauty of this 'challenge' is that I really don't care if the price is $1 per Steem token or $10. $10 would be dandy but the fact that this is a blockchain that I use daily and believe in it's mission to decentralize the social sphere...I'm good no matter where the price goes...
But who am I kidding...I'm LOVING the nice run it's having 💪
What could be some of these reason this week for the increase?
The markets in general seem to be doing well. Is there a new bull run on the horizon? Who knows....But the majority of the news seems to be positive in the crypto world.
Steem developers have been busy! From the new 'bSteem' and 'steemia' mobile apps. To this uber-cool
project....Development and creativity is alive and well on the blockchain.
It's been a great week so I'm crossing my fingers that we continue to see the increase across the board...I myself continue to invest in Steem and dollar cost average my investment in it...Even though I did spend a little extra when the prices were super low the last few weeks.
Let's keep going and see where we end up on April 30th :)
