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

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remlaps-lite
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3 years agoSteemit3 min read

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.

image.png

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.

image.png

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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