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

in marchto10 •  7 years ago 
There are few good things happened in today crypto currency market place and most of them are favored to rise STEEM market price as well. In our beloved friend, @exyle's latest article WEISS RATING released their latest update. According to that update STEEM got B- this time and there are only four B's mentioned in the latest ratings as Cardano (ADA), Ethereum (ETH), NEO (NEO) and STEEM (STEEM).

Hope you have noted few things. EOS and BitShares are not listed in category B at this time. I have a BIG ? mark about why they forgot to mention EOS and BTS this time. One more thing is I got a chance to read @neoxian's latest article which discuss about the decentralization behavior of NEO. Therefore, I am personally believing EOS and BTS should be in B ratings and NEO can be dropped from B rating as well. If I get a chance to add the newest WEISS RATING I will try to add it to this report as well.

As an active blogger on STEEMIT platform I am really happy to see STEEM DOLLAR (SBD) price passed STEEM again. So, it gives us a chance to earn more rewards in meantime and I also started SBD to STEEM conversion as well. As I told you before, in STEEM Whitepaper it clearly defined STEEM DOLLAR (SBD) is about to peg to $1.00. Therefore, the best method is to convert your SBD to STEEM. I already did that conversion today and also, powered up.

I have a big picture about STEEM. I wish STEEM will change the entire phase of crypto and social medias in next few years of time. Therefore, you must 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.
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: 19,750,245
Current Inflation Rate: 8.9899902
Current Virtual Supply: 266,144,422.724 STEEM
Every Block Produce: 1.707074595 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,163.74833028

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: $4.50
Market Capital: 1,120,986,623 USD
Circulating Supply: 249,170,154
Market Capital Wise Rank: 25

STEEM DOLLAR Market Price: $5.08
Market Capital: 43,308,906 USD
Circulating Supply: 8,530,715
Market Capital Wise Rank: 236

Sources: Steem, Steem Dollar

Top Power Up Statistics in Last 24 Hours



Source

Top Power Down Statistics in Last 7 Days


Liquid STEEM: 73,466,652
Current Supply: 263,872,659 STEEM
Pending Power Downs (Total powering down in the next week): 6,556,949 STEEM
Completed Power Downs (Total powered down in the last week): 6,768,152 STEEM
Difference (% Change): -3.12%


Source

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.

Source

Audience Geography
CountryPercent of VisitorsRank in Country
United States31.4%659
South Korea11.1%184
United Kingdom5.5%519
Germany4.5%859
Japan3.6%2,177

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: 1,673,648 Transaction & Consumed 0.14% Network Capacity
ETHEREUM: 869,358 Transaction & Consumed 67.08% Network Capacity
BITSHARES: 640,069 Transaction & Consumed 0.05% Network Capacity
BITCOIN: 187,544 Transaction & Consumed 100% Network Capacity
GOLOS: 122,704 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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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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Interesting post, and very informative and comprehensive in its content.

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