Steem Total Value Powered Up - $48 million - July 23, 2021

remlaps-lite (76)in #steem • 3 years ago

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.

Noteworthy in recent weeks, the number of powered-up STEEM tokens has reached new highs (since I began tracking in April) for the last 9 consecutive days. The number, percent, and modeled value have all squeaked up a little since last week's post. The value has also bounced off of late-June lows and continues holding its own or gaining ground against other cryptocurrencies that I'm tracking.

Here are the numbers as of a few minutes ago.

Total value locked in powered-up STEEM (USD): $48,555,903.17
STEEM market cap $145,258,110.833

Locked value in terms of other tokens:

token	price	locked_value equivalent
tron	0.06	871,974,556
steem-dollars	6.02	8,065,764
bitcoin	33,130.00	1,465
ethereum	2,086.17	23,275
litecoin	122.32	396,958
steem	0.38	128,816,683

And here are the charts, based on data collected daily since April 10.

VESTED STEEM

After a streak of 51 consecutive new highs ended on July 7, we're currently back at a new high and on a 9 day streak.

Value of powered-up STEEM in terms of USD

Still in the summer doldrums, and still floating around 2x the late-June lows.

Value of powered-up STEEM in terms of tron (TRX)

After recovering from its June drops, the value of powered-up STEEM in terms of TRX is solidly back in the 800 million to 1 billion trading range where it seems so comfortable.

Value of powered-up STEEM in terms of Steem Dollars

In terms of SBD, the value of powered-up STEEM has been hugging the 8 million line for about two months.

Value of powered-up STEEM as a percentage of Steem's market cap

Like I always say, this is my favorite graph. At this moment, this value is above ¹/₃ of Steem's total market cap. Let's see if it manages to hold the line in coming weeks.

Value of powered-up STEEM in terms of bitcoin (BTC)

Floating around 1,500 BTC with modest gains for a little more than two weeks.

Value of powered-up STEEM in terms of ethereum

ETH gained a smidgeon against powered-up STEEM during the last week, but today's value is right in the middle of the range from the last two weeks - which ranged from about 21,500 to 25,000 ETH.

Value of powered-up STEEM in terms of litecoin

Gained a hair against LTC this week, crossing the 400,000 (LTC) line for the first time since late May.

Notes

Reference prices for STEEM and other tokens are downloaded from coingecko.com

#metrics #tvpu #penny4thoughts #steemexclusive

3 years ago in #steem by remlaps-lite (76)

$35.11

Sort:

Trending

[-]

ruzmaira (63) 3 years ago

This week the numbers have been stable.
I have a curiosity which is:
VESTED STEEM? since I always see it here

And I have never understood how they do those calculations to determine our steempower.

$0.48

6 votes

[-]

remlaps-lite (76) 3 years ago

It's constantly changing. In short, you multiply your number of MVESTS by the current value of "STEEM PER MVEST" (which you can get from steemdb.io).

To get from VESTS to MVESTS in your wallet, you divide by a million.

The number of SP that you see in your screen cap from steemblockexplorer also includes delegations, but you can get the numbers without delegations from steemdb.io/@ruzmaira.

It's not exactly right, but for a quick approximation in your head you can divide VESTS by 2, then shift the decimal point 3 places to the left or divide MVESTS by 2 and shift the decimal three places to the right. As time goes on, that estimate will get less and less accurate, though.

$0.17

2 votes

[-]