Steem Total Value Powered Up - $29 million - November 20, 2022
This is next in my series of posts reviewing the amount and value of powered up STEEM on the Steem blockchain. For previous posts, see the end of this entry. Still down after the FTX meltdown, but this week saw a bit of a rebound...
Noteworthy in the last week |
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- Week over week, the number of powered up STEEM increased by about 600K SP, or 0.36%.
- Over the course of the week, we saw five daily increases and five new highs in the number of staked STEEM.
- The modeled value gained ground against all comparison tokens. Changes ranged from 1.7% against SBD to 11% against USD and TRX.
- In terms of all comparison values except for TRX and USD, the modeled value remains above its January 1 baseline.
- This week (Sunday through Saturday) saw a total of 473K STEEM powered down, which is an increase of about 18% as compared to last week's 401K STEEM (Sunday through Saturday).
Here are the numbers as-of a few minutes ago |
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Total value locked in powered-up STEEM (USD): $29,184,872.11
Exernal STEEM market cap (coingecko) $68,926,833.36
Internal STEEM market cap (median_price * current_supply) $70,159,300.00
Locked value in terms of other tokens:
| token | price | locked value equivalent | Jan 1, 2022 | pct of Jan 1 baseline |
|---|---|---|---|---|
| tron | $0.05 | 573,252,776 | 809,173,538 | 70.84% |
| steem-dollars | $2.12 | 13,766,449 | 11,284,131 | 122.00% |
| bitcoin | $16,591.41 | 1,759 | 1,300 | 135.35% |
| ethereum | $1,177.93 | 24,776 | 16,501 | 150.15% |
| litecoin | $61.81 | 472,170 | 411,561 | 114.73% |
| steem | $0.17 | 167,259,094 | 142,930,214 | 117.02% |
| USD | $1.00 | 29,184,872 | 61,837,042 | 47.20% |
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Daily Changes
Here is a chart of daily changes in powered-up STEEM from April 11, 2021 to present. The graph also includes a linear trend line and a 28 day moving average.
Here are some descriptive statistics, for numbers geeks.
VESTED STEEM
Today's observed value was 167,258,280, which is up by ~600K, or 0.36% from last week's observed value. The graph retains a slight upslope.
Modeled value of powered-up STEEM in terms of USD
In terms of USD, we saw a weekly increase by about $3 million or roughly 11%.
Modeled value of powered-up STEEM in terms of Tron (TRX)
Powered-up STEEM gained ground by about 57 million tokens against TRX or 11%.
Modeled value of powered-up STEEM in terms of Steem Dollars
Up by about 230K SBDs or about 1.7%
Modeled value of powered-up STEEM as a percentage of Steem's market cap
After today's observed value of 42.23% the graph continues to show a slight upslope, although the last week was basically flat. We have now seen 5 consecutive days above 42%; 63 consecutive days above 41%; 230 consecutive days above 39%; 294 consecutive days above 37%; 421 consecutive days above 35%; and 484 straight days above 1/3. A new high of 42.38% was observed yesterday (November 19). Will it hold above 42%?
Modeled value of powered-up STEEM in terms of bitcoin (BTC)
Up by about 169 BTC, or 10% during the week.
Modeled value of powered-up STEEM in terms of Ethereum
Powered-up STEEM advanced by about 3.3K ETH, or roughly 15 1/2%.
Modeled value of powered-up STEEM in terms of LTC
Powered-up STEEM gained ground by about 1,400 LTC, or 3%.
Daily Powerdown Activity
Here is graph with data from steemdb.io to show daily completed and pending powerdown activity. With 473K in completed powerdowns last week and 1 million pending (both measured from Sunday through Saturday[GMT timezone]), we can expect powerdowns to increase next week by about 114% or less.
The horizontal lines are the average values for completed (blue) and pending (cyan) powerdowns, and the yellow line is a 28 day moving average of completed powerdowns. "Pending" numbers now come from the Steemit API, not from steemdb.io.
Here are some descriptive statistics for the numbers geeks
| And with a total of 1,334 pending power downs (down from 1,414 last week), here are the times, dates, and amounts of the top-10 |
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1 2022-11-27T07:49:48 - 211,305,858 VESTS, 118,011 STEEM
2 2022-11-25T07:50:09 - 195,598,627 VESTS, 109,239 STEEM
3 2022-11-24T16:25:36 - 179,100,041 VESTS, 100,024 STEEM
4 2022-11-21T09:40:24 - 109,074,075 VESTS, 60,916 STEEM
5 2022-11-27T16:02:27 - 105,922,485 VESTS, 59,156 STEEM
6 2022-11-22T06:27:39 - 100,183,501 VESTS, 55,951 STEEM
7 2022-11-23T02:46:51 - 85,755,420 VESTS, 47,893 STEEM
8 2022-11-24T08:53:30 - 80,687,536 VESTS, 45,063 STEEM
9 2022-11-21T09:40:42 - 78,586,531 VESTS, 43,889 STEEM
10 2022-11-21T13:12:27 - 56,494,157 VESTS, 31,551 STEEM
Notes
- Reference prices for STEEM and other tokens are downloaded from coingecko.com
Previous posts
- Steem Total Value Powered Up - $34 million - July 3, 2022
- Steem Total Value Powered Up - $37 million - July 10, 2022
- Steem Total Value Powered Up - $36 million - July 17, 2022
- Steem Total Value Powered Up - $38 million - July 24, 2022
- Steem Total Value Powered Up - $41 million - July 31, 2022
- Steem Total Value Powered Up - $41 million - August 7, 2022
- Steem Total Value Powered Up - $43 million - August 14, 2022
- Steem Total Value Powered Up - $38 million - August 21, 2022
- Steem Total Value Powered Up - $36 million - August 28, 2022
- Steem Total Value Powered Up - $37 million - September 11, 2022
- Steem Total Value Powered Up - $36 million - September 18, 2022
- Steem Total Value Powered Up - $36 million - September 25, 2022
- Steem Total Value Powered Up - $35 million - October 2, 2022
- Steem Total Value Powered Up - $38 million - October 9, 2022
- Steem Total Value Powered Up - $37 million - October 16, 2022
- Steem Total Value Powered Up - $37 million - October 23, 2022
- Steem Total Value Powered Up - $39 million - October 30, 2022
- Steem Total Value Powered Up - $40 million - November 6, 2022
- Steem Total Value Powered Up - $24 million - November 13, 2022
- Steem Total Value Powered Up - $29 million - November 20, 2022
For links from 2021 and the first half of 2022, see these posts:
- Steem Total Value Powered Up - $67 million - January 2,
20212022 - Steem Total Value Powered Up - $36 million - June 26, 2022
- Steem Total Value Powered Up - $36 million - June 26, 2022
Pixabay license, source
Reminder
Visit the /promoted page and #burnsteem25 to support the inflation-fighters who are helping to enable decentralized regulation of Steem token supply growth.
Just today I learned the news that the Genesis exchange may go bankrupt after FTX. This is very bad news for the crypto world, I hope this will not happen, and bitcoin will hold its position in price. Thanks for the report.
So what we have this week. The crypto world cannot recover so far from the deflated exchange, bitcoin is only going down. By the way, this trend has been observed all this year. But steem shows itself pretty well in business. This week, its price has increased slightly. Let it grow further!
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Performing POWER UP strengthens the panel and also helps the user
That's good news, there's nothing better than power ups. We are still standing and striving to strengthen steem with all our strength and with all our unity.
Thanks mate for the information.
It's nice to have the boost at such a high level. We need to increase the weekly buff to 1 million. I think we have to exceed the amount of steem in the stock markets.