STEEM price continues to drop against the Bitcoin. Many probably have lost faith in this coins, although it has a real usecase, and it does have potential.
Technically BTC dominance should be starting to move down, and I'd expect it to be near 60% of the total coin market cap. And as I mentioned in some of my previous ideas, if BTC.D would in fact start moving down, this should stimulate growth of Alts. Since STEEM has a real use case and it is already being utilized and apps are being built on top of steem blockchain, this could be the choice of many investors.
Technically BTC dominance should be starting to move down, and I'd expect it to be near 60% of the total coin market cap. And as I mentioned in some of my previous ideas, if BTC.D would in fact start moving down, this should stimulate growth of Alts. Since STEEM has a real use case and it is already being utilized and apps are being built on top of steem blockchain, this could be the choice of many investors.