Not convinced Steem has a lot of bull in it due to the nature of the platform. Steem is very liquid and many people are continually generating and selling Steem which will keep the price down. Those who are converting to Steem Power are obviously supporting long term growth. Steem has been stuck at a$1-$2 for a while now even with BTC on a run. I would think Steem could hit $3-$4 next year if mass adoption can occur for the platform and people hold their Steem. Otherwise it could be a $1-$2 crypto for some time. Sloshing back and forth.
Not convinced Steem has a lot of bull in it due to the nature of the platform. Steem is very liquid and many people are continually generating and selling Steem which will keep the price down. Those who are converting to Steem Power are obviously supporting long term growth. Steem has been stuck at a$1-$2 for a while now even with BTC on a run. I would think Steem could hit $3-$4 next year if mass adoption can occur for the platform and people hold their Steem. Otherwise it could be a $1-$2 crypto for some time. Sloshing back and forth.