Steem moving up the ranks on Coinmarketcap.com!
After languishing around the 50th spot on coinmarketcap for what seemed like months...
Steem is finally making a serious charge back up the ranks!
At the time of writing, steem is sitting at #36 on coinmarketcap:
(Source: https://coinmarketcap.com/)
Steem is showing great relative strength!
Not only is steem climbing up the ranks on coinmarketcap, but it also showing great relative strength.
Relative strength is just a measure of how a coin (steem) is doing in comparison to others.
You can see from that screenshot above that steem is up roughly 18% on the day, more than any other coin around it.
In fact, steem is up more than any coin in the top 50!
I am not sure if this has anything to do with the recent exchange additions for steem or it's completely unrelated...
Either way, it's nice to see!
Would love to see steem break through $.50 in the near future here...
Stay informed my friends.
-Doc