Less than 7 days the market capitalization of the token Steem increased by 3700%, this rapidly growing popularity of cryptocurrency to emerge on this indicator in second place.
At the present time of writing the market capitalization Steem is estimated at about $452 million,just over a week ago, the figure was $16 million.
Rapidly increased and the value of the token if seven days ago Steem was trading around 0.00061 BTC in the last few days it has risen, at the moment, about 0.0098 BTC. Thus, for the time period of the cost of the token is increased by more than 19 times.
Social network on the blockchain Steemit provides users with a reward for the creation and selection of content.
Weeks Cattle noted that, unlike other social networks on the blockchain, Steemit offers a new solution. The platform uses a token Steem with market value on the cryptocurrency exchanges.Using equity profit like the bitcoin mining blockchain can distribute the values between those who publish content.The better results shows the publication,the more you can earn its authors and voting.
In addition, Ned Scott is convinced that when you use solutions on the blockchain of the content can not be truly censored, giving platforms like Steemit great advantages over "traditional" social networks like Facebook or Reddit.
July 4 independence Day USA, platform Steemit generously awarded the most active participants, distributing $1.3 million in his own tokens in favor of early users.
Own records updated and the major exchanges:Bitstamp — $1723, Kraken — $1718.60, Coinbase / GDAX — $1765. At the same time, the maximum rate on BTC-e was $1620, $1802 on Bitfinex.
The record levels came out and the market capitalization of bitcoin – in the same day,it exceeded a billion.
Simultaneously, it should be noted that against this background the index of dominance of bitcoin other cryptocurrencies continued.
Chinese entrepreneur Chandler Go during ICO mining pool Exchange X could not achieve the target of $52 million raised funds ($5.8 million from the stated amount) returned to the investors.
Fundraising for mining pool called Exchange X Chandler Th announced on 6 February 2017.In the course of the ICO for a period of three months, the Chinese businessman planned to collect 25 million XBTC tokens, each of which is equal to 0.7 Ethereum Classic (ETC). Over time, the price of the token XBTC increased to 0.9 ETC.
It was expected that the capacity of the new pool is 100Pt/s. It is also planned that the pool will join EXX mining farm in Sichuan province, with a capacity of more than 50 peachesa.