#dpoll

Can STEEM ever get back into the top 50 by Market Cap?

Currently, looking at Coinmarketcap.com STEEM is ranked 79th with a market cap of around $78 million. The 50th coin has a cap of $130 million. So STEEM would have to increase by 2/3rds to get there, a price of around $0.37 compared to $0.22 currently.

I'm interested in the opinions of the STEEM Leo tribe, do you think STEEM can ever get back into the top 50? Does it matter with all these other tokens and layer 2 solutions on offer?

Yes, STEEM will be back bigger and better than ever.

Yes, HF21 and then HF22 (SMT's) will turn things around

Only if a killer DApp takes off and drags STEEM along

No, but it will stay healthy and keep providing opportunities

No, not likely.

No chance, its headed out of the top 100.

Who cares, I'll trade it whatever the price.

Answer the question at dpoll.xyz.

Comments · 21

@akomoajong(66)· 2580d
Voted for
- Yes, STEEM will be back bigger and better than ever.
- Yes, HF21 and then HF22 (SMT's) will turn things around
- Only if a killer DApp takes off and drags STEEM along
Hopefully . . .
@jeffjagoe(77)· 2582d
Voted for
- Yes, STEEM will be back bigger and better than ever.
@deathcross(78)· 2582d
Voted for
- Yes, HF21 and then HF22 (SMT's) will turn things around
- Only if a killer DApp takes off and drags STEEM along
Of course, it is possible... the question is: Is it probable? Important?
@arcange(79)· 2583d
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@dpoll.curation(60)· 2583d
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@onealfa(76)· 2584d
Voted for
- Yes, HF21 and then HF22 (SMT's) will turn things around
- Who cares, I'll trade it whatever the price.
@stuffbyspencer(62)· 2584d
Voted for
- Yes, HF21 and then HF22 (SMT's) will turn things around
- Only if a killer DApp takes off and drags STEEM along
It's definitely possible, but it requires the right succession of events, and of course the right pop-up of awesome dapps!
@akdx(70)· 2584d
Voted for
- Only if a killer DApp takes off and drags STEEM along
@chekohler(76)· 2584d
I read an interesting post earlier about how we can stop the price bleed by just having 5000 steemians pick up 240 steem which isn't much really, its a pretty achievable goal. I'm not too fussed on the price at all, I think that I am happy collecting stake at this rate long with second layer stakes.

I do think with SMT we can make staking steem a more attractive option and that we can see a price increase. I think that the project is ambitious and that we shouldn't concentrate on the coin value but the amount of development and activity on the chain as an indicator of growth.
@chekohler(76)· 2584d
Voted for
- Who cares, I'll trade it whatever the price.
@abbak7(74)· 2584d
Voted for
- Yes, STEEM will be back bigger and better than ever.
@maxer27(68)· 2584d
Voted for
- Yes, STEEM will be back bigger and better than ever.
@che-shyr(44)· 2584d
Voted for
- Only if a killer DApp takes off and drags STEEM along
@oadissin(77)· 2584d
Voted for
- Yes, STEEM will be back bigger and better than ever.
@xplosive(72)· 2584d
Voted for
- Yes, STEEM will be back bigger and better than ever.
To be honest, I don't know. Who knows? Maybe we just wish, but I am trying to remain positive. Maybe Steem will really get back into the top 50 by market cap either by HF21 and/or HF22, or by a killer dApp. Or by all of them together. "So STEEM would have to increase by 2/3rds to get there, a price of around $0.37 compared to $0.22 currently." If a price of $0.37 USD is what it takes to get back to the top 50, then Steem will certainly/definitely get back to the top 50 one day. Maybe not soon, but one day. This is all depending on the community. Many users left (and still leaving) the Steem blockchain because of the low price of the Steem. This will probably push the price of the Steem more down. To be honest, I understand them on some level. The upvote values and the rewards are really dropped with the decreased/decreasing price of the Steem. Nowadays I have to promote my Steem blog posts (buy upvotes) in some cases, because the pending payout amount would not reach the payout threshold ($0.02).
@hatoto(70)· 2584d
Voted for
- Yes, STEEM will be back bigger and better than ever.
@russia-btc(71)· 2584d
Voted for
- Yes, HF21 and then HF22 (SMT's) will turn things around
@charcoalbuffet(68)· 2584d
Voted for
- Only if a killer DApp takes off and drags STEEM along
@j85063(70)· 2584d
I think steem will improve.

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@edkarnie(57)· 2584d
I see it going back to at least .50 like it was 4 months ago, but only if the confidence in bitcoin and altcoins returns.
@steemitboard(66)· 2584d
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Can STEEM ever get back into the top 50 by Market Cap?

Comments · 21

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