March to 10 - STEEM Daily Update - TGA Analysis (24-01-2018)

in marchto10 •  7 years ago  (edited)
The crypto market still at a drop, but I don't think we can experience a massive drop as we experienced few days back. I hope in next couple of weeks crypto currencies like STEEM, BTS, EOS will make their path to top of the market capital list. If you have strong hands you will HODL till market make it's correction on these coins. By using correction I didn't mean price of STEEM, BTS and EOS needs to drop more. By using that word I am trying to tell you they are still undervalued. The real market price is not yet assigned to them. Therefore, HODL is the only option to my viewpoint.
I am a true believer of STEEM, it changed my life style. But I don't want to make big dreams at once. I won't see huge up trend in a day or two. I wish to see Step by Step, slowly but steadily price up of STEEM. Therefore, until STEEM reach to $10 margin, I wish to keep this motto STEEM March to 10 and I will use marchto10 as a tag also.

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: 19,255,506
Current Inflation Rate: 9.00977976
Current Virtual Supply: 264,703,037.891 STEEM
Every Block Produce: 1.701566833 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49005.12479

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: $4.31
Market Capital: 1,067,524,773 USD
Circulating Supply: 247,702,804
Market Capital Wise Rank: 31

STEEM DOLLAR Market Price: $6.76
Market Capital: 46,931,856 USD
Circulating Supply: 6,941,905
Market Capital Wise Rank: 265

Sources: Steem, Steem Dollar

Top Power Up Statistics in Last 24 Hours



Source

Top Power Down Statistics in Last 7 Days


Liquid STEEM: 70,667,768
Current Supply: 263,118,739 STEEM
Pending Power Downs (Total powering down in the next week): 6,458,864 STEEM
Completed Power Downs (Total powered down in the last week): 6,927,266 STEEM
Difference (% Change): -6.76%


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What Alexa Traffic Statistics Says


STEEMIT made it's entry to top 1,300 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 States36.9%514
South Korea11.0%169
United Kingdom5.0%577
Germany3.7%994
India2.9%1,897

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. As a result of that STEEM made a new Blockchain transaction record few days back and claimed #1 in the blockchain transaction of today as well. Most important thing is STEEM consumed 0.13% Network Capacity to process 1,600,864 Transactions, but Ethereum has used 53.08% Network Capacity to process 917,271 Transactions as well. BTS is holding the 3rd position of the blockchain transactions today by consuming 0.05% Network Capacity to process 625,578 Transactions so far. Golos also joined top 5 today as well.


Source

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

Enjoy!

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do you think that the steem will rise again? :)

Very useful analysis. I think that steam market price will rise like BCC or ETH.

Reward pool can be changed because new users get nearly nothing in this pool like me :)