Steem Total Value Powered Up - $104 million - November 28, 2021
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 the last week,
- The modeled USD value of powered-up STEEM climbed above $100 million for the first time since May.
- The modeled value of powered-up STEEM grew higher this week in relation to all comparison tokens, gains ranged from 15% in terms of USD to 41% in terms of LTC.
- The number of powered up STEEM and percentage in terms of market cap were basically unchanged from week to week. The number grew by about 300k STEEM and the percentage dropped by a couple tenths of a percent.
Here are the numbers as-of a few minutes ago:
Total value locked in powered-up STEEM (USD): $104,074,257.92
STEEM market cap $287,013,090.14
Locked value in terms of other tokens:
| token | price | locked_value equivalent |
|---|---|---|
| tron | 0.09 | 1,096,638,229 |
| steem-dollars | 7.07 | 14,720,545 |
| bitcoin | 56,394.00 | 1,845 |
| ethereum | 4,246.12 | 24,510 |
| litecoin | 197.83 | 526,079 |
| steem | 0.73 | 142,935,388 |
And here are the charts, based on data collected daily since April 10.
Daily Changes
Here is a chart of daily changes in powered-up STEEM from April 11 to present. The graph also includes a linear trend line and a 28 day moving average. Frequent transitions between positive and negative began around October 11 and continued through this week.
VESTED STEEM
Continued flattening. Nineteen days without a new high.
Value of powered-up STEEM in terms of USD
Continuing uptrend that began in June. Above $100 million for the first time since early May.
Value of powered-up STEEM in terms of Tron (TRX)
The modeled value for powered-up STEEM blew past 1 billion TRX tokens, reaching levels that had not been seen since April. This represented a 40% gain during the last week.
Value of powered-up STEEM in terms of Steem Dollars
Up by 19% and reaching levels that had not been seen since May.
Value of powered-up STEEM as a percentage of Steem's market cap
Basically flat since early October. 32 consecutive days above 36%; 64 consecutive days above 35%; 107 consecutive days above 34%; and 127 straight days above 1/3. Will it hold above 36%? Will we go above 37% again?
Value of powered-up STEEM in terms of bitcoin (BTC)
Up by 407 BTC, almost 28% in the last week.
Value of powered-up STEEM in terms of Ethereum
The modeled value for powered-up STEEM gained about 25% (5,072 ETH) against ETH this week.
Value of powered-up STEEM in terms of litecoin
In terms of LTC, the modeled value of powered up STEEM grew by more than 40% to a level that had not been seen since April 13.
Notes
- Reference prices for STEEM and other tokens are downloaded from coingecko.com
Previous posts
- Steem Total Value Powered Up - $102 million (Apr 30)
- Steem Total Value Powered Up - $158 million (May 7)
- Steem Total Value Powered Up - $108 million - May 14, 2021
- Steem Total Value Powered Up - $77 million - May 21, 2021
- Steem Total Value Powered Up - $64 million - May 28, 2021
- Steem Total Value Powered Up - $64 million - June 4, 2021
- Steem Total Value Powered Up - $55 million - June 11, 2021
- Steem Total Value Powered Up - $47 million - July 16, 2021
- Steem Total Value Powered Up - $48 million - July 23, 2021
- Steem Total Value Powered Up - $62 million - July 30, 2021
- Steem Total Value Powered Up - $67 million - August 6, 2021
- Steem Total Value Powered Up - $74 million - August 13, 2021
- Steem Total Value Powered Up - $75 million - August 20, 2021
- Steem Total Value Powered Up - $80 million - August 27, 2021
- Steem Total Value Powered Up - $89 million - September 3, 2021
- Steem Total Value Powered Up - $89 million - September 12, 2021
- Steem Total Value Powered Up - $86 million - September 19, 2021
- Steem Total Value Powered Up - $68 million - September 26, 2021
- Steem Total Value Powered Up - $76 million - October 3, 2021
- Steem Total Value Powered Up - $88 million - October 10, 2021
- Steem Total Value Powered Up - $83 million - October 17, 2021
- Steem Total Value Powered Up - $83 million - October 24, 2021
- Steem Total Value Powered Up - $88 million - October 31, 2021
- Steem Total Value Powered Up - $87 million - November 7, 2021
- Steem Total Value Powered Up - $83 million - November 14, 2021
- Steem Total Value Powered Up - $87 million - November 21, 2021
- Steem Total Value Powered Up - $104 million - November 28, 2021
Steem total value powered up has reached over $100 million after a long days. Hopefully it will continue to increase and Steem value will be $1 very soon. Thank you.
from last week to last week, the STEEM value is still 36%, that's a good thing, signing STEEM to survive in the market, but I still believe it will rise above 37%, we see Steemit users, they continue to brighten up the support for club5050 club75 and club100, which means, it is very likely that there will be more STEEM circulation, and the Steem economy will probably grow, on the other hand, we can see the excitement of Promo-Steem and soon we will see cars on the road with the STEEM logo, of course this has a good impact on growth Steem economy, and more and more big investors will join here to invest.
After a long time I see that steem staked market value is over $100 million. That is a good sign for steem and steemit community. I hope this run of steem will continue for long.
This post has been featured in the latest edition of Steem News...
It was really a great news for us! The value of steem is increasing and #club5050 is playing very important role for that. Steem total value powered up is also increasing for the programme.
Thanks for this deep analysis.
Through these graphs it is observed that people are more aware of the power up and the confidence they have in this platform. a good increase was observed in this last week. thanks for sharing.
I love steemit more than hive. But when I see hive is being developed more than steem, I feel sad. I hope steemit and steem will do better soon. Now $100 million staked value is good. I hope it will increase more soon.
This week, the steem exchange rate is still strengthening slowly. Although not significantly strengthened, but it is a good show. I think this is a signal of a turning point towards continued strength. Hopefully this signal will become a positive sentiment that will encourage the market to buy steem. I'm sure more and more people will freeze their steem, to participate in club5050, club75 and club100.
A considerable increase in the power up was noticed, of approximately 20%, it really is very encouraging to look at these graphs.
I have included this post in the 25th issue of Steem News Magazine For Steemit Platform | November 29, 2021.