Red market, yeah we are experiencing a red market today. Anyway, my 3 years experience of crypto market says "This is temporary - HODL". Moreover, people started questioning the market dominance of the BitCoin as well. I am not a fan of BitCoin. But I think BitCoin still HODL the market dominance, but it might change in future. STEEM, EOS, ETH, BTS are the major rivals of BTC in next 2 years of time.
Personally I am a big fan of these panic market times. Because this is the best market time to buy more crypto and build my investment portfolio. I hope you also believe it. According to my viewpoint, this is the beauty of the crypto market place. I am strongly suggesting you, don't think crypto market place is the safe heaven to do full scale investments. Because, it becomes a FAQ of most people. This market place contains a huge risk of loss as well. But with crypto currencies like STEEM, BTS and EOS I think you can make a nice profit in near future as well.
Yesterday I told you Binance started accepting STEEM with their exchanges. It's a good sign and another positive recognition of this amazing blockchain as well. But today I could see STEEM price dropped by 31% in a single day. I wish it will rise up soon and personally I hate such high fluctuation on the STEEM currency as well.
I am little bit hurt by price drop of STEEM DOLLAR (SBD). As an active blogger of this platform it little hurt myself. But STEEM Whitepaper clearly defined SBD pegged to $1. Therefore, I can understand the price drop of SBD in a correct way. Anyway, I wish to see slowly but steadily growth of STEEM and every day we can see a lot of people are joining this amazing platform as well. According to my viewpoint STEEM will make two figures market price in next few weeks of time. Moreover, we all must understand STEEM blockchain is not only for STEEMIT social media. This is a business blockchain and with SMT you can see a huge growth on this amazing platform as well. 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.
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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.
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.
Sources: Steem, Steem Dollar
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STEEMIT made it's entry to top 1,200 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.
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Audience Geography
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.
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STEEM got two big news in 2018.
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source
Special thanks for
Personally I am a big fan of these panic market times. Because this is the best market time to buy more crypto and build my investment portfolio. I hope you also believe it. According to my viewpoint, this is the beauty of the crypto market place. I am strongly suggesting you, don't think crypto market place is the safe heaven to do full scale investments. Because, it becomes a FAQ of most people. This market place contains a huge risk of loss as well. But with crypto currencies like STEEM, BTS and EOS I think you can make a nice profit in near future as well.
Yesterday I told you Binance started accepting STEEM with their exchanges. It's a good sign and another positive recognition of this amazing blockchain as well. But today I could see STEEM price dropped by 31% in a single day. I wish it will rise up soon and personally I hate such high fluctuation on the STEEM currency as well.
I am little bit hurt by price drop of STEEM DOLLAR (SBD). As an active blogger of this platform it little hurt myself. But STEEM Whitepaper clearly defined SBD pegged to $1. Therefore, I can understand the price drop of SBD in a correct way. Anyway, I wish to see slowly but steadily growth of STEEM and every day we can see a lot of people are joining this amazing platform as well. According to my viewpoint STEEM will make two figures market price in next few weeks of time. Moreover, we all must understand STEEM blockchain is not only for STEEMIT social media. This is a business blockchain and with SMT you can see a huge growth on this amazing platform as well. 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: 19,516,227
Current Inflation Rate: 8.99935092
Current Virtual Supply: 265,141,604.574 STEEM
Every Block Produce: 1.702413201 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,029.50019973
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: $3.58
Market Capital: 889,659,958 USD
Circulating Supply: 248,166,619
Market Capital Wise Rank: 26
STEEM DOLLAR Market Price: $3.07
Market Capital: 24,265,274 USD
Circulating Supply: 7,893,456
Market Capital Wise Rank: 295
Sources: Steem, Steem Dollar
Top Power Up Statistics in Last 7 Days
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Top Power Down Statistics in Last 7 Days
Liquid STEEM: 67,956,965
Current Supply: 263,504,811 STEEM
Pending Power Downs (Total powering down in the next week): 6,654,798 STEEM
Completed Power Downs (Total powered down in the last week): 6,085,740 STEEM
Difference (% Change): 9.35%
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What Alexa Traffic Statistics Says
STEEMIT made it's entry to top 1,200 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.
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| Country | Percent of Visitors | Rank in Country |
|---|---|---|
| United States | 34.3% | 566 |
| South Korea | 11.3% | 169 |
| United Kingdom | 5.3% | 512 |
| Germany | 4.2% | 874 |
| Japan | 3.2% | 2,183 |
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: 1,623,610 Transaction & Consumed 0.13% Network Capacity
ETHEREUM: 1,022,259 Transaction & Consumed 59.16% Network Capacity
BITSHARES: 268,726 Transaction & Consumed 0.02% Network Capacity
BITCOIN: 243,001 Transaction & Consumed 100% Network Capacity
GOLOS: 66,064 Transaction & Consumed 0.01% Network Capacity
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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.
- STEEM Media Token (SMT) - A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology. You can read more here
- HardFork 0.20.0 (HF20) - You can read about Hardfork 0.20.0 "Velocity" here
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 - SourceGraphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source
