Steem Price (STEEM)

Currency:
STEEM to JPY:
1 Steem equals ¥ 40.46 JPY+12.05%1D
Page last updated: 2024-12-12 03:26 (UTC+0)
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Price of STEEM today

The live price of Steem is ¥ 40.46 per (STEEM / JPY) with a current market cap of ¥ 19.35B JPY. 24-hour trading volume is ¥ 5.61B JPY. STEEM to JPY price is updated in real-time. Steem is +12.05% in the last 24 hours with a circulating supply of 478.31M.
STEEM Price History JPY
Date ComparisonAmount Change% Change
Today¥ 4.350105+12.05%
30 Days¥ 9.550234+30.90%
60 Days¥ 13.28+48.85%
90 Days¥ 14.46+55.63%

STEEM Market Information

24h Low & High
Low:
High:
The highest and lowest price paid for this asset in 24 hours.
All Time High
¥ NaN
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+2.41%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+12.05%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-13.37%
The percentage change in price for this asset compared to 7 days ago.

STEEM Market Information

Popularity
#444
Popularity is based on the relative market cap of assets.
Market Cap
¥ 19.35B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
¥ 5.61B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
478.31M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
¥ 19.35B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2016-04-19

What Can You Do With Steem (STEEM)?

Explore how to use your cryptocurrencies with Binance.

About Steem (STEEM)

Steem (STEEM) is a community-oriented blockchain network that allows users to earn rewards based on their contributions to the platform. This protocol enables individuals to share curated content online and receive compensation in cryptocurrency. It operates as a publicly accessible, incentivized blockchain database, fostering interactions among users and facilitating earnings. By combining elements from both social media and cryptocurrency, Steem strives to deliver value to its user base. The network implements a reward structure that aims to fairly compensate contributors according to their level of engagement.

Steemit, the inaugural application built on the Steem blockchain, was launched on January 4, 2016, by Ned Scott and blockchain developer Dan Larimer. This decentralized and non-custodial app distinguishes itself from traditional social platforms by its blockchain foundation, effectively mitigating typical data-related issues associated with centralized platforms.

Steem aims to set itself apart from other platforms by its commitment to rewarding users for their valuable contributions. Unlike many conventional social media companies that profit from user-generated content, Steem supports its users by compensating them with cryptocurrencies for their meaningful engagement.

Steem's unique attributes stem from its blockchain-based structure, making it the pioneer of its kind. This blockchain foundation ensures decentralization, eliminating downtime and data misuse while guaranteeing the security of user data. Additionally, participants on the platform receive cryptocurrency payments, further enhancing its distinctiveness.

Steem operates on the principle that contributors should be appropriately rewarded, aligning with the practices of startups that allocate shares to early contributors during funding rounds. The platform's core mission is to serve its community members by providing various financial services and opportunities.

The Steem network operates with two distinct tokens: Steem (STEEM) and STEEM Dollars (SBD). Users have the opportunity to earn rewards in both of these tokens. By default, the platform allocates rewards in a 50% SBD and 50% STEEM ratio. However, users have the flexibility to adjust this allocation to suit their preferences as they deem appropriate.  

The current circulating supply of Steem (STEEM) stands at 447,442,593 tokens. The current price of STEEM is available and updated in real-time on Binance. 

People Also Ask: Other Questions About Steem (STEEM)

  1. What Is Steem (STEEM)?

    Steem is a blockchain network with a community-oriented approach that provides users with immediate earning potential based on their contributions to the network. The protocol is designed to offer users a platform for posting curated online content and receiving compensation in cryptocurrency.

  2. Who Are the Founders of Steem?

    Steem was launched by Ned Scott and blockchain developer Dan Larimer in January through the creation of the Steemit app. This app, which resembles other social networking platforms, distinguishes itself by being blockchain-based, resulting in a decentralized and non-custodial application. Consequently, it avoids the common data-related issues encountered by traditional social platforms.

  3. What Makes Steem Different From Others?

    Steem stands out by rewarding its users for their valuable contributions, in contrast to conventional social media companies that profit from user-generated content. One notable characteristic of the network is its foundation on blockchain technology, making it a pioneering example of a non-custodial and decentralized platform. It operates without downtime or data misuse, ensuring data security, while users receive cryptocurrency rewards for their participation.

    Steem believes that those who contribute to a project should receive compensation from its owners, similar to the practice of startups allocating shares during funding rounds. The platform is committed to serving its community members by offering diverse financial services and opportunities.

  4. What Is the Circulating Supply of Steem (STEEM)?

     The current circulating supply of Steem (STEEM) amounts to 447,442,593 tokens.

  5. What Is the Consensus Mechanism of Steem?

     Following its acquisition by Justin Sun, the founder of the Tron platform, Steem underwent operational restructuring. As a result, the creation of new blocks through mining ceased, and the network abandoned the use of proof-of-work.

    The protocol no longer relies on proof-of-work for block generation; instead, it schedules witnesses to create a block every three seconds. The Steem blockchain has adopted delegated proof-of-stake to enhance transaction speed and scalability on the platform. Witnesses receive rewards in the form of Steem Power for their contributions to block creation.

     

  6. How To Buy Steem (STEEM)?

    Steem (STEEM) can be purchased directly from Binance using a debit or credit card. Steem (STEEM) can also be traded for other cryptocurrencies on Binance. Live Steem (STEEM) coin price is updated in real-time. STEEM token price and purchase information is available for users to read on our How to Buy Steem (STEEM) Guide.

STEEM to Local Currency

FiatPriceOperation
1 STEEM to TRY$ 0.265718
1 STEEM to RUB$ 0.265718
1 STEEM to EUR$ 0.265718
1 STEEM to AED$ 0.265718
1 STEEM to AUD$ 0.265718
1 STEEM to BRL$ 0.265718
1 STEEM to VND$ 0.265718
1 STEEM to IDR$ 0.265718
Last updated 2024/12/12 03:26 (UTC)

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