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RE: Steem Total Value Powered Up - $34 million - July 16, 2023

in #metricslast year

thanks for the analysis.. something interesting happened this week on Steem price. first a great increase was achieved, then it was back to its old price. It was something like a shakedown. There is not much increase in the amount of steem power. close to previous amounts.

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something interesting happened this week on Steem price. first a great increase was achieved, then it was back to its old price.

Yep. Over the course of years, I have come to expect that any time I see a sharp and sudden rise like that, it's going to settle back down to the original level in the following few days.