Here is the third in my series of posts reviewing the amount and value of powered up STEEM on the Steem blockchain. For previous posts, see the end of this entry.
As a reminder, I have been tracking the amount of "vested steem" as reported by the blockchain along with the market prices of a handful of cryptocurrencies. Based on the market values, I am reporting the value of powered-up STEEM in terms of USD and a few other tokens.
Noteworthy, this week, the number of STEEM powered up reached a new high, but the powered up STEEM declined in relative value against almost all of the tokens in my little basket.
Here are the numbers as of a few minutes ago.
Total value locked in powered-up STEEM (USD): $108,838,221.80
STEEM market cap $360,126,021.46
Locked value in terms of other tokens:
| token | price | locked_value equivalent |
|---|---|---|
| tron | 0.12 | 889,731,799 |
| steem-dollars | 6.82 | 15,958,683 |
| bitcoin | 49,568.00 | 2,195 |
| ethereum | 4,006.16 | 27,167 |
| litecoin | 320.09 | 340,023 |
| steem | 0.93 | 116,639,665 |
And here are the charts, based on data collected daily since April 10.
VESTED STEEM
For the second week in a row, the number of powered-up STEEM is the highest value I've seen since I began collecting these numbers. It went up sharply during the last couple of days.
Value of powered-up STEEM in terms of USD
The USD value of powered-up STEEM is down compared to last week and up compared to the week before.
Value of powered-up STEEM in terms of tron (TRX)
More parallel motion for the value of powered up STEEM in terms of TRX.
Value of powered-up STEEM in terms of Steem Dollars
This is the one outlier in my basket where the relative value of powered up STEEM went up, instead of down during the last week -- just a touch, though.
Value of powered-up STEEM as a percentage of Steem's market cap
Take this with a grain of salt since market cap numbers switch from coinmarketcap to coingecko with today's data. Still, looks like parallel motion.
Value of powered-up STEEM in terms of bitcoin (BTC)
Nothing remarkable here, but for some reason in my head I benchmark this value against 2,000 BTC, so it looks good in those terms.
Value of powered-up STEEM in terms of ethereum
STEEM was caught up in the overall market downtrend, but Ethereum is sticking fairly close to its all-time high.
Value of powered-up STEEM in terms of litecoin
In terms of litecoin, powered up STEEM is down compared to last week and two weeks ago. Overall, it looks mostly like parallel motion since late April, though.
Notes
- Reference prices for STEEM and other tokens are downloaded from coingecko.com
Steem's market cap was downloaded from coinmarketcap.com (@officialcmc)- Beginning on May 14, market cap data is now being downloaded from coingecko at the same time as the prices.