Steem Total Value Powered Up - $89 million - September 3, 2021

in #steem5 months 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 new highs in terms of powered up STEEM tokens as well as percentage of market cap. Powered-up STEEM has seen new highs for 51 consecutive days and increased by about 1.1 million in the last 7 days. The modeled value of powered-up STEEM had mixed results against the other tracked tokens, with a gain of 7% against BTC, but giving up 7% in comparison to ETH and LTC. In terms of USD, the modeled value of powered-up STEEM reached its highest level since May 18.

Here are the numbers as-of a few minutes ago:

Total value locked in powered-up STEEM (USD): $88,640,911.30
STEEM market cap $251,566,712.95

Locked value in terms of other tokens:

tokenpricelocked_value equivalent
tron0.10870,795,745
steem-dollars8.6910,200,335
bitcoin50,165.001,766
ethereum3,925.2422,582
litecoin212.64416,859
steem0.65136,662,881

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

VESTED STEEM

With a weekly increase of ~1.1 million, today was the 51st consecutive new high since I started collecting data on April 10.

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Value of powered-up STEEM in terms of USD

At about $89 million, in terms of USD today's modeled value is the highest we've seen since since May 18.

image.png

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

Tron gained strength by about 35 million tokens this week, and is still running in the familiar 800 million to 1 billion band.

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Value of powered-up STEEM in terms of Steem Dollars

Powered-up STEEM gained strength against SBD by the value of approximately 580,000 SBD tokens.

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

41 consecutive days above 1/3, 21 consecutive days above 34%, and 3 consecutive days above 35%. Will we see 36%?

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

Up by about 8% against BTC over the last 7 days. Continuing an up-trend that began in mid/late June.

image.png

Value of powered-up STEEM in terms of ethereum

ETH gained strength against powered-up STEEM with an increase of almost 1,700 or about 7%.

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Value of powered-up STEEM in terms of litecoin

Litecoin gained about 7% in strength against the modeled value of powered-up STEEM

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Notes
  • Reference prices for STEEM and other tokens are downloaded from coingecko.com
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This month was much better than the other, it is very good to see that graph on the rise.

The news that you and other people share with us about this panel makes me feel happy working here, although it is true that I am going slowly, it is also true that I am motivated and I have goals that I can achieve with my constant activity on this panel.
Happy Saturday

After the report of 16 july, the amount of powered up steem is constantly increasing. It is a very good news that people on blockchain depend on steem to a great extent.

Steem value powered up is increasing abruptly. Which is a positive aspect. After overcoming the long drought, now there is some possibility. Waiting to see the increase in ⚡teem at lightning speed.

It is pleasant for us to observe how people trust steem every time, this makes it have more value. We can observe small but constant increases.

Who agrees with me that? we will see $1 on Steem very soon.

You may be right, but I've given up on trying to predict the moves. I always get it wrong. ; -)

Steem is surprisingly holding up very well. To the moon.

This post has been featured in the latest edition of Steem News...

Steem price is going to the moon. And i think the wave of staking steem coin is playing a vital role behind that.

I am collecting steems to grow more power, hope i will be success about it.

The amount of powering up in going high day by day and it is very good for the platform and also for the users.

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