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

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3 years agoSteemit4 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 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:

token	price	locked_value equivalent
tron	0.10	870,795,745
steem-dollars	8.69	10,200,335
bitcoin	50,165.00	1,766
ethereum	3,925.24	22,582
litecoin	212.64	416,859
steem	0.65	136,662,881

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 51^st consecutive new high since I started collecting data on April 10.

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.

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.

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.

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%?

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.

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%.

Value of powered-up STEEM in terms of litecoin

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

Notes

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

steem metrics tvpu steemexclusive penny4thoughts

$1.79

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