Steem Total Value Powered Up - $68 million - September 26, 2021
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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, our streak of consecutive new highs for powered-up STEEM continued, and with 139 million powered-up STEEM, we're now at 21 days in a row with new highs. Overall, the cryptocurrency market was down this week, and in terms of dollars and all comparison tokens the modeled value of powered-up STEEM is also down. All of these values are still remaining solidly above mid/late June lows. My favorite metric, value as a percentage of market cap, is up slightly to 35.64% at the time of today's download and 35.82% a couple of minutes ago.
Here are the numbers as-of a few minutes ago:
Total value locked in powered-up STEEM (USD): $68,397,478.21
STEEM market cap $190,974,354.75
Locked value in terms of other tokens:
| token | price | locked_value equivalent |
|---|---|---|
| tron | 0.09 | 769,773,766 |
| steem-dollars | 6.29 | 10,874,002 |
| bitcoin | 43,355.00 | 1,577 |
| ethereum | 3,060.03 | 22,351 |
| litecoin | 152.34 | 448,979 |
| steem | 0.49 | 139,083,718 |
And here are the charts, based on data collected daily since April 10.
VESTED STEEM
21 consecutive days of new highs with a gain of about 1 million since last week
Value of powered-up STEEM in terms of USD
Down sharply in the last week, but still in an uptrend from lows in mid/late June.
Value of powered-up STEEM in terms of tron (TRX)
Down since last week and holding slightly below the 800 million to 1 billion range that has been common since April, when data collection started.
Value of powered-up STEEM in terms of Steem Dollars
Basically flat, but down a touch since last week. Still in an uptrend as compared to lows in June.
Value of powered-up STEEM as a percentage of Steem's market cap
After dipping below 35% yesterday and back above today, we have seen 44 consecutive days above 34%, and 64 straight days above 1/3. Will we sneak back above 36% again? Will we see 37%?
Value of powered-up STEEM in terms of bitcoin (BTC)
Down sharply at the beginning of the week and flattening off at the end. Powered-up STEEM is still a good bit above our mid/late June lows.
Value of powered-up STEEM in terms of ethereum
The modeled value of powered-up STEEM dropped by about 10% this week in comparison to ETH.
Value of powered-up STEEM in terms of litecoin
The modeled value of powered-up STEEM dropped by about 6% this week in terms of LTC.
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
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