# $STEEM Catalyst Posts & Social Intelligence Recap — August 05, 2026

> **Asset:** $STEEM  
> **Date:** 2026-08-05 (August 05, 2026)  
> **Canonical URL:** https://cryptitalk.com/tokens/steem/2026-08-05  
> **Token Profile:** https://cryptitalk.com/tokens/steem.md  
> **Market Rankings:** https://cryptitalk.com/rankings.md  

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## Curated Viral Posts & Community Evidence


### Post #1 by @CryptoPatel
> **Author:** Crypto Patel ([@CryptoPatel](https://x.com/CryptoPatel))  
> **Metrics:** 222 likes · 13 retweets · 21 comments · 9.4K views  

> **Posted:** 2026-08-05T12:30:00+00:00  


> **Source Link:** [https://x.com/CryptoPatel/status/2084980240158450174](https://x.com/CryptoPatel/status/2084980240158450174)  


> **Visual Note:** A TradingView monthly chart of the **STEEM/USD** pair showing a long-term downtrend from its 2018 all-time high (~$8.07) to a 2025 breakdown below a rising support trendline, with a projected ~60% decline toward roughly $0.0350, visually framing the post's narrative of Steem's fall from a promising "moon" social-earning token to a "dead coin" following Justin Sun's takeover and the alleged misuse of ~84 million staked customer tokens.  

> 
> "MOON TO DEAD COIN | Project Review 33: $STEEM 

Do you know?
$STEEM powered "Steemit", the blockchain where you EARN crypto for posting. Then Justin Sun bought the company, and three exchanges (Binance, Huobi, Poloniex) allegedly used ~84 MILLION of their CUSTOMERS' staked"




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*Generated by Context Pilot Social Intelligence Engine.*