Lately the market has been making gains with Bitcoin and Bitcoin Cash capturing the imagination of those looking to explore Moon. Its been a couple great days for crypto enthusiast with market sentiment cautiously shifting as the entire cryptocurrency market capitalization hitting 185 billion US dollars. Some of these projects have followed up these positive developments with further positive news with EOS, MKR and REP getting listed on one of the top cryptocurrency exchange in the world, Coinbase. For all the EOS, MKR and REP believers its certainly great achievement as Coinbase is one of the number 1 on-ramp fiat-to-crypto exchanges. This certainly makes it easier for US base customers to access EOS, MKR and REP, adding tremendous liquidity to these coins.
For Steemians, its a heart breaker, another Coinbase listing where Steem did not make the cut. Its hard to pinpoint what is preventing Steem from making it on Coinbase. Steem certainly has all the attributes of a project that should be on Coinbase but it has not convince Coinbase team it is worthy. Steem has been around for some time and the underlying blockchain has been phenomenal with minimal downtime. Steem is also one of the project that has not made much gains in the last couple days, its one of the few projects that just has not catch fire. Could the lack of volume and probably trading interest be one of the chief reasons why Coinbase has not listed Steem? Its not that easy to pinpoint that as the exact reason but one can certain understand from an exchange point of view, does Steem has the appeal to attract traders to the platform?
Another question Steemian could also ask, why has Bittrex denied the opportunity of a Steem/USD pair? Could a possible Steem/USD pair on Biitrex be enough to influence Coinbase to list Steem/USD pair if trading volume results in a profitable opportunity for Bittrex. There is a lot of why concerning Steem, can it leave up to its potential?
Steemian await for the awaking of the Steem market, probably its not to far off, probably SBD can spark something special in the days to weeks. For now, Steemians should get their telescope and continue make a case for Steem on Coinbase. Steem move is coming, something has to give, probably Asian traders can be a launch site for Moon landing with Coinbase acting as fuel station on our way to the Moon.