Steem Total Value Powered Up - $64 million - June 4, 2021

in #steem4 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 this week, we have reached another new high in terms of powered-up STEEM, and we have also made slight gains in terms of USD and BTC. Today marked the 19th consecutive day with a new high in the number of vested (powered-up) STEEM.


Here are the numbers as of a few minutes ago.

Total value locked in powered-up STEEM (USD): $64,430,040.62
STEEM market cap 207,615,605.567

Locked value in terms of other tokens:

tokenpricelocked_value equivalent
tron0.08832,429,465
steem-dollars8.307,762,655
bitcoin36,896.001,746
ethereum2,688.9723,960
litecoin179.24359,462
steem0.54119,282,860

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

VESTED STEEM

Every day since May 16 has seen a new high -- 19 consecutive days.

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Value of powered-up STEEM in terms of USD

This is up from the May 23 low and also up a bit from last week.

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

Continued parallel movement near the range between 800 million and 1 billion, but it looks like TRX may be inching up in relative strength.

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Value of powered-up STEEM in terms of Steem Dollars

SBDs are continuing to show strength in comparison to powered-up STEEM.

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

I removed the data from before May 14, since I had been collecting it from a different site at a different time. With the improved data quality, Tuesday (June 3) was a new high. As I mentioned last week, this is my personal favorite chart.

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

Parallel motion since last week, and still below my personal 2,000 BTC mental benchmark.

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Value of powered-up STEEM in terms of ethereum

After a brief leveling off, ethereum returns to its previous behavior, gaining in relative strength against the value of vested STEEM.

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Value of powered-up STEEM in terms of litecoin

The value of powered-up STEEM is basically flat against litecoin this week.

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Notes
  • Reference prices for STEEM and other tokens are downloaded from coingecko.com
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It is a pity that the 2000 Btc was not reached in powered-up of the survey that you placed last week, apparently in the graphs almost everything was quiet, the only notable thing were the VESTED STEEM and Value of powered-up STEEM as a percentage of Steem's market cap that had a considerable rebound this week.

Agreed. Thanks for your reply.

I had planned to do another prediction game for this week, but I expect to have some competition for my time this week, so I didn't want to commit to checking the answer in a timely manner on Thursday. Maybe I'll be able to try another one next week.

I think you should do Popular Stem poll related to the latest news, as if we agree with artificial intelligence among many things, I think this would be interesting.

I'll give that some thought. Sounds like it could be a fun way to build engagement.

Thank you friend for keeping us informed of this movement! It is of great value for me to know more about steem ... blessings