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RE: SEC S16-W5 || Navigating the STEEM Token

in SteemitCryptoAcademy3 months ago

Greetings friend,
When we look at what people are saying about STEEM on social media, it can give us an idea of how it's perceived and how its price can change. Social media is a powerful platform that can make any business or idea known to a lot of people quickly. But it can bring both good and bad attention. The great thing about social media is that it has a big audience, and we all know how connected people are to it. If people are talking positively about STEEM and highlighting its good qualities on social media, the price of STEEM is likely to go up. Reviews and feedback play a big role in this.

Since social media is the main place where STEEM needs to be promoted, it's important to promote it in a positive way. By doing that, the price of STEEM will increase. Positive comments and feedback will boost the price, while negative comments may bring it down. The more positive feedback and engagement from the audience, the better it is for STEEM. It can significantly impact the price movement.

If there are some negative comments from the audience, it could cause the price of STEEM to decrease. Reviews and opinions from platforms can have a big impact on the price movement of any coin or platform. Because both good and bad things tend to spread together. That's why analyzing the sentiment on social media can help us understand how the community feels about STEEM. Good luck in the contest mate.

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First of all, thank you for reading the post. Yes social media has the power to bring in a short amount of exposure but it has both pros and cons. But if we don't spread bad things among people, then the good side will definitely emerge. As social media apps have large networks. It is very easy to identify anything in Esteem and thus investors and new investors can be aware.

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