<h2>Cryptocurrency News: #Investors-Group</h2>

<h2>#Steem Target Price</h2>

![Steem could be +$17.43.png](https://steemitimages.com/DQmZFJCUmMFqm9kdc1PtJyhaL5W8f6ettMWuGjMvPjqBMnH/Steem%20could%20be%20%2B%2417.43.png)

<h2>Target Price for #Steem = $17.43</h2>

Approximately this time last year #Steem was ranked Number 7 in the Cryptocurrency Market and is now ranked Number 40.

From the highs of June of this year, #Steem has seen a progress slide in #Bitcoin terms, but the volume has been pretty negligible.

On the left of the slide I have highlighted the sheer volume of #Bitcoin that was needed to push the price of #Steem up to the highs in June of around $2.80.

Should this buying power be repeated again then this could see #Steem at over $17.43.

![Blog.png](https://steemitimages.com/DQmYnYih83NN12mVqChvvnggnSgz4JhJtLzkVa3t7Uy217e/Blog.png)

<h2>Target Market Capital of $4.3 billion and Ranked Number 14</h2>

If #Steem was to repeat what we saw in June and this pushed the price of #Steem to $17.43 with a Market Capital of $4.3 billion it would still fall short of its ranking seen this time last year putting #Steem at a mere 14th place..!!

Just for the record, should #Steem return back to being Ranked Number 7 as it was last year this would equate to a Market Capital of approx $11.0 billion with a #Steem price in excess of +$44.50.


Thanks again for reading.

Stephen

Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.

![Investors-Group logo.png](https://steemitimages.com/DQmfMKnChcoqYd6ThvAutbKv1LewdFQYJkWcyRpSz6pNS8i/Investors-Group%20logo.png)