March to 10 - STEEM Daily Update - TGA Analysis (01-02-2018)

in marchto10 •  7 years ago  (edited)
Day begins with two exchanges updates that related to STEEM. Binance added STEEM into their exchange list while Poloniex started their drama again. Therefore, beware if you are going to use STEEM with Poloniex exchanges at the moment. Moreover, STEEM market price already passed STEEM DOLLAR (SBD) market price again. As we predicted before, STEEM DOLLAR is slowly heading back to $1.00. Actually it's a bad news for all active authors/bloggers of this amazing platform. Moreover, STEEM is heading to top 1,100 Alexa ratings and hope we can see it in the top 1,000 in next few weeks of time. Specially Japan Alex rating seems trending on STEEMIT too. It's a good sign according to my viewpoint.

Those are the main update of the STEEM today so far. In last couple of days I was busy with my personal stuffs, and had no time to write this report as usual. But I am STEEMIT addicted, so here I am trying my best to write down this report while having a busy time today as well.

For me STEEM is amazing, and it's slowly but steadily growing and every day we can see a lot of people are joining this amazing platform as well. According to my viewpoint STEEM will make two figures market price in next few weeks of time. The world is recognizing this wonderful blockchain and it's power. Moreover, we all must understand STEEM blockchain is not only for STEEMIT social media. This is a business blockchain and with SMT you can see a huge growth on this amazing platform as well. Until STEEM reach Two figure value of its' market price I would like to keep this article topic as March to 10 in next couple of weeks time.

Original Image Source

Graphene Blockchain Technology early adopted STEEM blockchain is one of the fastest blockchain in the current world. Let's check the daily statistics of the STEEM blockchain now.

Current Reward Pool Statistics of STEEM


Head Block Number: 19,488,658
Current Inflation Rate: 9.00045368
Current Virtual Supply: 265,011,830.302 STEEM
Every Block Produce: 1.701788458 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,011.50760175

I wish no one will drain the reward pool too much. This daily reward pool is for all of us. Not only for few big players of the platform.

Current STEEM and SBD Market Analysis


STEEM Market Price: $4.82
Market Capital: 1,195,130,992 USD
Circulating Supply: 248,036,882
Market Capital Wise Rank: 26

STEEM DOLLAR Market Price: $4.75
Market Capital: 37,053,454 USD
Circulating Supply: 7,804,523 
Market Capital Wise Rank: 270

Sources: Steem, Steem Dollar

Top Power Up Statistics in Last 7 Days



Source

Top Power Down Statistics in Last 7 Days


Liquid STEEM: 75,939,171
Current Supply: 263,458,913 STEEM
Pending Power Downs (Total powering down in the next week): 6,691,717 STEEM
Completed Power Downs (Total powered down in the last week): 6,265,010 STEEM
Difference (% Change): 6.81%


Source

What Alexa Traffic Statistics Says


STEEMIT made it's entry to top 1,200 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.

Source

Audience Geography
CountryPercent of VisitorsRank in Country
United States34.6%554
South Korea11.3%168
United Kingdom5.3%518
Germany4.1%878
Japan3.1%2,266

What Blocktivity Says Today


Here what I have found today from BLOCKTIVITY. As I told you before, Graphene Technology powered STEEM has proven that it has the capacity to do more scalability than Ethereum and BitCoin networks.

STEEM: 1,479,845 Transaction & Consumed 0.12% Network Capacity
ETHEREUM: 914,249 Transaction & Consumed 52.91% Network Capacity
BITSHARES: 366,142 Transaction & Consumed 0.03% Network Capacity
BITCOIN: 210,729 Transaction & Consumed 100% Network Capacity
GOLOS: 55,701 Transaction & Consumed 0.00% Network Capacity


Source

What Are The Most Active Blockchains?



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Marketcap of Most Active Blockchains



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Crypto Currency Market Capital Changes of Last Couple of Months Time



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The Speed of STEEM Blockchain by Animations




Source

Main Events of STEEM Blockchain in 2018


STEEM got two big news in 2018.

Time to few questions


  • Do you have any opinion to improve the efficient of this article? If yes, please write in point form.
  • What do you think about STEEM Reward Pool? Do we need to utilize it effectively?
  • Where STEEM will go next? Or it will remain at current market price?
  • What do you think about Smart Media Token? Do you think it will bring STEEM to the Moon?

References

Smart Media Token - Source
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source

Special thanks for @rebeccaryan, for her nice suggestions to improve the quality of the report.


Enjoy!

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great info! Have you heard about SDB going back to $1 soon?

@javybar,
Yes it might drop back to $1! Coz SBD is peg to $1. But I don't think it might happen soon!

Cheers~

Bro, the dollar is getting weaker day by day through in flation. A hyper inflation is on its way, i don't think that's gonna happen

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Greetings to you