RE: Steem Total Value Powered Up - $60 million - January 16, 2022
I see it from the positive side, where steem power-ups in USD increased by 6% from last week. Even though as I write this, the steem exchange rate has experienced a slight correction in value, but in my opinion it is a signal to increase again, even if not significantly increased, but reading the trend of steem price movements for the last 3 months ensures that steem will strengthen again in the next week.
Information that supports the increase in the steem exchange rate is that the power-up value of steem is more than that of the power-down steem. Even with a small percentage.
I think, To support the strengthening of the exchange rate, we all need to be actively involved in promoting steem through the various social media channels that we have, invite people to invest and stop to power down.