PALcoin pushes past $3M marketcap

in palnet •  5 years ago 

In case you're a normal human and don't stare at steem-engine all day you might not know that PALcoin just topped $3M in marketcap today. It's a little worrysome that it's on thin trading volume of $3-5k per day, but that value seems to be climbing. I think as the exchange keeps growing (we're almost at 1M steem on the exchange) we'll keep seeing more users and more trading.

Given all this stuff is so new I'm pretty stoked.

Actually I'm working on getting other language based communities going. I think there are a fair number of them with potential to have multi million dollar marketcaps.

If you have a big language based community that you interact with a lot DM me.

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1 million steem? I feel that is good progress, lets get it up to 1% of total supply, and work up from there

Daily, this numbers are growing

Hello brothe r. I am from india. we have ind tokens and large steem communities @indiaunited and @steemindian. I dont know how to DM you.

Are you pushing @aggroed for Hindi lang?

Mostly for India bro. there are members who don't know much Hindi. But we need his help to promote steem and ind tokens in india and steem block chain.

Pretty awesome stuff 3 million for a site that just launched is pretty crazy! Plus it seems like we are on-boarding more people everyday on to Palnet. Have a good feeling the growth has just begun.

4.2k people have touched Palcoin to date
1.6M staked

Those numbers are definitely growing

Staked my Palcoins! Thank you very much for them!

Yes darling? You called @mistakili. Go PALcoin!

  ·  5 years ago (edited)

Any chance of ETHP or ethereum-peg and ERC20 token peg? Then @steem-engine can host popular Steem based ERC20 token such as HUNT and other popular ERC20 tokens?

I'd like to see Dai personally

Aggroed, if I have 0.2 PALMM does it mine too or do I have to have whole number for it to work?

Thanks.

It's a probabilistic distribution. It still works, but it's like buying 1 scratch lottery ticket instead of 5.

I love those kind of news. Very good Work @ all aktive Ones.
Salve
Steem On!
Alucian

I love palnet! What time is the best to curate palnet tag?

Posted using Partiko Android

good news for @captain.palnet :)

  ·  5 years ago (edited)

I think I am spending quite an unhealthy amount of time analyzing the value on Steem Engine. What miners are worth buying etc.. Luckily a very generous PALster sent me a PAL miner. Sweet.

@aggroed will it be possible to favourite tokens on Steem Engine? Do you have plans for such a feature?

Just getting started too.

my respect, you get Stuff gone! If i see this, i see the future of all Forums and Online communities. Thats the dream about SMTs and we see it works.

It is so crazy and i love it!

3 mil in such a short space of time and you’re not even on other exchanges! This really is no small feat!

Posted using Partiko iOS

This is crazy, I just claim my tokens yesterday and this happen OMG.....

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The progress PAL has made in such a short amount of time is pretty amazing and the love the community is giving PAL is even more amazing! The true potential of the Steem blockchain lies in communities and on the Steem-Engine :^)

That is awesome guys. Congrats for the great job.

Posted using Partiko Android

Interesting, I foolishly sold my PAL to try and leverage up and get more PAL ..... too bad I forgot to create a buy order after selling LOL ....

Ah well lesson learned ... Back to staring at Steem-Engine and Steem-Monster prices :)

i have a question @aggroed , how do i change steem to pal and oposide?

Ooooh one I know the answer to! Steem-engine.com

Sorry my bad that was me. Feels that way at least...there isn’t a ton of selling liquidity (basically nobody selling their tokens till they hit 1:1 imho) ... so after a full day of trying to snag 20 at a time I bought enough to raise the price ten percent. Which is still a drop in the bucket but you know, Wheeeee!

: )

PALcoin is really sought-after
I think that PALCoin will become and remain the most popular token on steem-engine.

Very cool... whats the breakdown of the distribution of that 14 million supply is my next question.

Congratulations on this rollout a whole new turn again for steem. Again steem is never boring. 🙈

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In case you're a normal human and don't stare at steem-engine all day...

So staring at it all day is abnormal? Thanks for the heads up...Note to self, don't stare at steem-engine all day. 😆

Go PAL you good thing!

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It took Bitcoin almost 4 years to hit $3 million marketcap, so adjusted for start date you're roughly 50 times more successful than Satoshi.

It is cool to see those number increase.

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  ·  5 years ago (edited)

i noticed those with lower reputation dont get the Palcoin like 49 reputation downwards why? @aggroed cos i cant see it on steem-egine for me to claim.

This is incredible, i will post this to my Instagram, and I always tell people, PAL coin is going to suck out so much of the money from STEEMpower! powerdowns are going RIGHT into PAL now

Is it TRUE @aggroed that PAL Token will only have 1/10th of the TOKENS Outstanding that STEEM will Have ??
Thank you for Steemmonsters, I am Grateful.........

Yeah is pretty crazy how fast it grown!