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RE: Steem Total Value Powered Up - $46 million - January 30, 2022

in #steem3 years ago (edited)

Even though today's chart data shows that there is a 7% weakening of the Steem exchange rate against the US Dollar, this is not something to worry about, even if compared to last week, the Steem exchange rate actually strengthened.

I have checked the Steem exchange rate data on 26/01/2022, 00:07 Indonesian Time, the Steem exchange rate at that time was recorded: $0.285534, while the Steem Exchange Rate recorded today (31/01/2022, 10:44 am, Indonesian time) is $0.303711. That means, over the last 5 days the steem exchange rate increased by $0.018177

Another interesting data I noticed where Steem Market Capitalization Since 01/26/2022 which was only $113,541,485, increased to $120,090,695 on 01/31/2022. That means there has been an additional investment in steem almost $ 1.5 Million.

Please to see the coingecko data that I recorded below.

AddText_01-31-11.24.46.jpg
source coingecko

Comparing the data you posted last week vs this week, the value of growing steem power has also increased from $43 million to $46 million. Data power-up and powerdown also seems to be directly proportional.

I think we all need to share a lot of information to continue to drive positive market sentiment.

Thanks for update data for us ..
Steem On