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RE: With all these developments why Steem records lower ranks in the CoinMarketCap: now 89!

in #steemleolast year

I suspect part of the problem now is the aftermath of bid bot reward pool rape from before the last fork. My guess is it was in large part a frenzy of selling STEEM for other cryptos, killing the market with a glut of coins for a platform that was just a spam frenzy. We are returning to a content-based blockchain now, and I suspect this will help restore confidence in the coin over time as people see the value in the platform returning to curation and creation.