Multiple coins (Steem included!) jump in value over last 24h by samstonehill

steem · @samstonehill · Apr 28 '17

$5.15

Multiple coins (Steem included!) jump in value over last 24h

![top 10 rise.jpg](https://steemitimages.com/DQmeqPmXDayB7P7HBVVdhM7P5UJcRZwRLf5JqaD7PJJ4Ut1/top%2010%20rise.jpg)

I have seen a huge spike in value for multiple cryptocurrencies over the last 24h.

Earlier today almost all of the top 20 coins listed on Poloniex were exhibiting growth at the same time. Which is rare!

And to look at the price graph data on coinmarketcap (seen above) listing 7 day growth, one might feel rather encouraged right now about the overall rise of the cryptocurrency marketplace.

Bitcoin has been doing a steady rise over the last week (currently listed at $1319 on coinmarketcap).

Over the last 24h, the following coins (from the top 20) have seen spikes between between 10% and 30%.

- Ethereum
- Ripple
- Dash
- Monero
- Golem
- Zcash
- Pivx
- Dogecoin

Whilst Steem did see a more humble spike of 3% over the last 24h, it has been climbing steadily with a similar pattern to Bitcoin, up 12.5% in the last 7 days.

And I am sure I don't need to tell you what a promising sign this is for the bright future of Steem as a stable leading cryptocurrency and Steemit as the leading decentralised social media platform.

What is most promising for me is that Steem was clearly connected to this spike in multiple leading coins.

Some of the top 20 coins, like Litecoin, Ethereum Classic and NEM saw a decline over the last 24h, even though their overall trend is up. But Steem was connected to the majority. No question about it.

Here you can see coinmarketcaps listing of the top 20, showing % 1h, %24h, %7 day.

![Screen Shot 2017-04-28 at 17.13.05.png](https://steemitimages.com/DQmUSpDYtxnfLAzy9ciUMXRDSFDrfoifZMeJ6cT1gnwoe1X/Screen%20Shot%202017-04-28%20at%2017.13.05.png)

Notice how Steem, like so many of the others is showing three green numbers. Rise, rise rise!

From my perspective as a trader this is a very pretty picture of green coloured numbers :)

---

I would very much appreciate anyone's feedback on why this might be happening right now?

Blessings to you all and LONG LIVE STEEM!

![final design.jpg](https://steemitimages.com/DQmRt1L1WnuZ7GWFcBSqyNdXcbLjkD9geBUgg6Z2pZCK41D/final%20design.jpg)

👍 oldtimer, rok-sivante, slowwalker, wackou, teamsteem, tradeqwik, pal, bcc, vcelier, gregm, michaeldodridge, gringalicious, speda, fyrstikken, myvoter, pkattera, canadian-coconut, themagus, anyx, steevc, homeartpictures, samstonehill, profitgenerator, ebryans, helene, boddhisattva, leesmoketree, oflyhigh, nepalipahad, laoyao, williambanks, rynow, pickoum, chinadaily, playfulfoodie, angel76, kenistyles, steemprentice, smysullivan, ghasemkiani, billykeed, annaarthur, mammasitta, pheonike, arcange, virtualgrowth, lajulius, mgibson, ianstrat, ebargains, luisucv34, inphiknit, zkalemiss, neptun, darthnava, steemitgecko, jonathanxvi, steemtv, lamech-m, yaariart, samether, happyphoenix, sjennon, elgeko, and 41 others

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pheonike	10,443,346,491	6%
konelectric	416,548,053	1%
patrice	2,494,122,560	23%
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dolov	627,616,234	6%
oflyhigh	32,975,933,457	100%
boddhisattva	37,776,514,597	100%
darthnava	6,345,614,806	33%
chinadaily	23,507,567,171	100%
helene	40,631,808,844	100%
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lamech-m	4,889,277,976	100%
neptun	6,916,416,025	100%
samstonehill	52,028,321,081	100%
steevc	55,722,845,650	75%
kenistyles	18,898,845,194	100%
oldtimer	1,026,309,359,972	100%
leesmoketree	33,110,299,007	86%
annaarthur	12,087,933,157	100%
team101	407,518,176	100%
canadian-coconut	70,125,764,041	77%
ghasemkiani	13,286,216,052	100%
profitgenerator	50,174,466,404	100%
steemit79	51,545,897	100%
ebargains	7,822,076,658	23%
gringalicious	135,677,762,239	50%
inphiknit	7,678,076,578	41%
imerick	1,205,656,077	100%
rynow	27,011,237,508	100%
pickoum	24,133,953,601	100%
lajulius	9,269,117,266	100%
thegame	521,747,958	10%
steembets	633,352,347	10%
zoee	172,719,068	23%
sjennon	3,617,766,416	23%
mgibson	8,568,507,283	43%
steemvest17	3,492,543,021	23%
lalala	2,166,107,214	100%
ianstrat	7,994,782,136	100%
ebryans	42,305,280,887	100%
innafanz	1,550,974,723	23%
steemland.com	531,204,775	10%
angel76	19,199,446,378	100%
sqube	2,986,999,318	1%
cathynsons	309,867,407	1%
steemtv	5,019,348,353	100%
jeezzle	413,871,774	100%
jonathanxvi	5,286,121,561	100%
thedrollyears	1,100,950,576	100%
smysullivan	14,149,508,894	100%
steemprentice	15,504,497,236	30%
reisman	977,671,124	23%
irawandedy	1,189,750,434	23%
tradeqwik	413,294,856,546	100%
vcelier	237,123,312,509	23%
yaariart	4,531,178,745	100%
homeartpictures	54,901,196,427	73%
bbkoopsta	0	100%
zkalemiss	7,049,709,659	60%
playfulfoodie	20,241,274,421	100%
elgeko	3,573,443,777	11.5%
vermute	276,432,020	11.5%
kuvo	81,891,291	11.5%
pqlenator	2,321,702,642	100%
tonylondon	1,098,821,097	100%
steemitgecko	5,649,964,282	100%
evildeathcore	2,437,567,583	100%
anwarabdullah	133,994,073	100%
oluwoleolaide	246,401,970	100%
motivator	1,643,861,423	100%
oldhuntsman	1,195,225,023	100%
manycoolthings	195,114,884	100%
jimy74	1,170,669,232	100%
mhaimo	143,222,210	11.5%
bcc	301,349,662,632	100%
myvoter	92,797,131,918	50%
aismor	976,762,717	100%
vivdouan	1,118,989,908	100%
alexcote	1,121,821,041	100%
pillow-peace	1,193,414,938	100%

@alexcote · Apr 28 '17

Very useful, thanks! :)

👍 samstonehill

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@samstonehill · Apr 29 '17

My pleasure. Exciting times ahead for us Steemians! 

Steem is still on the rise today :)

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@screenname · Apr 28 '17

Re: Multiple coins (Steem included!) jump in value over last 24h

<p>This post has been ranked within the top 50 most undervalued posts in the first half of Apr 28. We estimate that this post is undervalued by $2.97 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-apr-28---part-i">The Daily Tribune: Apr 28 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>

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@samstonehill · May 3 '17

Thank you very much for your ongoing amazing efforts to keep us informed on our potential :)

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