We've all sat patiently over the past two months waiting for STEEM to budge significantly after peaking a few months ago at $2.80 and settling around $1 to $1.20.
Well today, we've seen a 32.6% climb to $1.30! Talk about a pump!
Of course it's been hanging around $1.30 on and off a lot recently, but it's more the fact that it made such a quick climb up the ladder!
I've long held the belief thanks to @StephenKendal that we will see STEEM trade above $4 by year end. I've just wondered when we were going to see an actual rally as it's fallen lower on the top cryptocurrencies.
Now today could just be a fluke and some guy just threw tens of millions of dollars into STEEM, but it looks like there's a buy-up happening! Even if it is a fluke, it'll stem lots of buying!
The @KeiserReport mentioning Steemit on a show seen by millions certainly helps bring the value up. As does the level of people leaving dinosaur social medias like Facebook in search of a decentralized platform that doesn't censor them!
I've said it many times before and I'll say it again! Steemit's untapped potential is incredible! We are likely to see a massive influx as long as we continue to spread the word! It is the free market after all!