March to 10 - STEEM Daily Update - TGA Analysis (06-02-2018)

in marchto10 •  7 years ago 
How you feel about today crypto market? Are you went panic mode? Did you loss your grip? Is this market hurt you? I can understand, I do have such bad feelings but I didn't loss my grip. Honestly I did a thing when STEEM at $6.6 last time. I decided to buy Fiat by using 40% of my earnings. I think it worked well in this time and now I am looking for a good entry point to buy back. I believe on STEEM rather than most of other crypto coins and I want to build my STEEM investment. Therefore, I am doing my best to build my STEEM stock at the moment. I think you all must do the same. Because, STEEM is the future.

You just be hurry to collect STEEM, because this might be the last time that we can buy STEEM in this lower price level. I am going to tell you WHY? (Thanks for @mexbit to highlight those fields).
  • STEEM is not only a Social Media based blockchain, it's a business blockchain.
  • DTube built as a replacement of YouTube.
  • Ustream replacement called as DLive.
  • DSound is the replacement of SoundCloud.
  • StackOverFlow will be replaced by PeerQuery.
  • SMT will be the replacement of ERC20/Ether.
  • STEEMIT is the replacement of Reddit / FaceBook.
  • Twitter replacement is Zappl.
This is just the beginning. A long journey to go and I know STEEM will made that journey. Therefore, collect as much as STEEM and STEEM POWER. It will be a worthy investment for our futures.

Few days back WEISS RATING has ranked STEEM as the best crypto currency. Binance decided to add STEEM into their exchange. Blocktivity report reveals STEEM blockchain is 100 times powerful than Ethereum blockchain. More big news will appear soon. Therefore, I wish STEEM will rise and we will not get a chance to buy STEEM in this cheap again. 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: 19,632,424
Current Inflation Rate: 8.99470304
Current Virtual Supply: 265,811,888.978 STEEM
Every Block Produce: 1.705835478 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,128.06176422

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: $2.90
Market Capital: 721,761,619 USD
Circulating Supply: 248,836,982
Market Capital Wise Rank: 26

STEEM DOLLAR Market Price: $2.57
Market Capital: 21,190,865 USD
Circulating Supply: 8,247,495
Market Capital Wise Rank: 272

Sources: Steem, Steem Dollar

Top Power Up Statistics in Last 7 Days



Source

Top Power Down Statistics in Last 7 Days


Liquid STEEM: 67,805,980
Current Supply: 263,688,752 STEEM
Pending Power Downs (Total powering down in the next week): 1,155,423 STEEM
Completed Power Downs (Total powered down in the last week): 5,572,390 STEEM
Difference (% Change): -79.27%


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What Alexa Traffic Statistics Says


STEEMIT made it's entry to top 1,100 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.

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Audience Geography
CountryPercent of VisitorsRank in Country
United States32.8%598
South Korea11.3%170
United Kingdom5.4%510
Germany4.3%851
Japan3.4%2,094

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: 1,667,365 Transaction & Consumed 0.14% Network Capacity
BITSHARES: 980,970 Transaction & Consumed 0.08% Network Capacity
ETHEREUM: 924,785 Transaction & Consumed 53.52% Network Capacity
BITCOIN: 241,311 Transaction & Consumed 100% Network Capacity
GOLOS: 65,665 Transaction & Consumed 0.01% 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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Latest Weiss Crypto Currency Rating


Weiss Top 6
Cryptocurrency Name SymbolRatingStatus
Steem (STEEM)B+Position Increased
Cardano (ADA)BPosition Increased
BitShares (BTS)B-Position Increased
EOS (EOS)B-Position Discreased
Ethereum (ETH)B-Position Discreased
NEO (NEO)B-Position Discreased

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The Speed of STEEM Blockchain by Animations




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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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