On August 18th, 2017, Steem had a market cap at USD $263,521,157, for the equivalent of 62,080 BTC or 881,004 ETH, with a circulating supply of 239,793,582 STEEM at a price of $1.10 per coin.
Today, Steem is the 23rd largest cryptocurrency by market cap. At a time when there is a LOT of fluctuation in cryptocurrency market caps, Steem has held its position among the other digital currencies in a relatively stable range.
Full article here: https://briandcolwell.com/2017/08/what-makes-steem-think-steem-has-steam-where-gamification-blockchain-meet-social-media/.html