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Steem Total Value Powered Up - $67 million - August 6, 2021

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remlaps-lite
76
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, the number of powered-up STEEM tokens has reached new highs (since April 10) for the last 23 consecutive days. The number, percent, and modeled value have all moved up a bit since last week's post, and the modeled USD value of powered-up STEEM is currently at a value that had not been logged since June 3.


Here are the numbers as of a few minutes ago.

Total value locked in powered-up STEEM (USD): $67,187,341.65
STEEM market cap $198,555,159.12

Locked value in terms of other tokens:

tokenpricelocked_value equivalent
tron0.07934,936,499
steem-dollars7.309,203,745
bitcoin42,650.001,575
ethereum2,898.7223,178
litecoin148.11453,631
steem0.51130,731,204

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

VESTED STEEM

New highs every day since
July 12
July 14 for a current streak of 23 days.

image.png

Value of powered-up STEEM in terms of USD

Moving basically with the larger crypto market, in a generalized up trend.

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

In terms of TRX, the value of powered-up STEEM broke above 1 billion for a day or two, then settled back into its familiar 800 million to one billion range.

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Value of powered-up STEEM in terms of Steem Dollars

Powered-up STEEM gained slightly this week in terms of SBDs.

image.png

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

Now above 1/3 for 13 consecutive days. Will we see 34%?

image.png

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

STEEM had a good week, but so did BTC. In terms of BTC, the modeled value of powered-up STEEM climbed above 1,600, then dropped back to just a bit above last week's value.

image.png

Value of powered-up STEEM in terms of ethereum

ETH gained slightly this week in terms of powered-up STEEM.

image.png

Value of powered-up STEEM in terms of litecoin

Powered-up STEEM was mostly flat, but gained slightly in strength against LTC this week.

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Notes
  • Reference prices for STEEM and other tokens are downloaded from coingecko.com
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