Today the crypto market looks like a mix market between RED and GREEN. But mostly it looks like a RED market. But personally I like few things that happened in last couple of days. BitCoin and RIPPLE mania seems dropping now. According to me it's a good sign. Because, we all questioning the market dominance of the BitCoin. I wish to see it will drop and I know it will not happen in this time. But in next two years of time I wish to see BitCoin in the top 20 marketcap list and STEEM at the top of the list. According to me RIPPLE is a scam. It's a bankers sh!t coin and in last couple of months it has proven it's a fully messed currency. I am not going to categorized it as a crypto currency. Therefore, drop of those two coins are a good sign. Moreover, drop of STEEM is a good sign too. It means we can collect more coins at this moment and we will not get this chance again.
Next big news happened in yesterday. Again WEISS RATING made STEEM as the best crypto currency at the current market. ETH and EOS lost their positions at B+ category. I already talked about this in my last post, but I didn't get that Rating update at that time. Today I have found it and at the end of this article you can find that updated rating. The world is recognizing the power of this amazing blockchain and we all will get a great time in future with this wonderful blockchain as well. POW, POS, DPOS, POB all those concepts are well bounded in this wonderful blockchain technology. I never experience such amazing blockchain power before.
Finally, SBD peg on $1. I don't think it's a good idea. If SBD needs to peg on $1, it might need atleast 5 billion coin supply. So far it has 8 million coin supply. Thefefore, discussing about a PEG on SBD is a mess at this point. (This is how I believe it) As an active blogger of this amazing platform, I believe there will be no peg happens soon. But STEEM Whitepaper clearly defined SBD pegged to $1. Therefore, I can understand SBD price drop can be happened. Time is the only matter on this Peg. 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 1,150 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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Weiss Top 6
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STEEM got two big news in 2018.
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source
Special thanks for
Next big news happened in yesterday. Again WEISS RATING made STEEM as the best crypto currency at the current market. ETH and EOS lost their positions at B+ category. I already talked about this in my last post, but I didn't get that Rating update at that time. Today I have found it and at the end of this article you can find that updated rating. The world is recognizing the power of this amazing blockchain and we all will get a great time in future with this wonderful blockchain as well. POW, POS, DPOS, POB all those concepts are well bounded in this wonderful blockchain technology. I never experience such amazing blockchain power before.
Finally, SBD peg on $1. I don't think it's a good idea. If SBD needs to peg on $1, it might need atleast 5 billion coin supply. So far it has 8 million coin supply. Thefefore, discussing about a PEG on SBD is a mess at this point. (This is how I believe it) As an active blogger of this amazing platform, I believe there will be no peg happens soon. But STEEM Whitepaper clearly defined SBD pegged to $1. Therefore, I can understand SBD price drop can be happened. Time is the only matter on this Peg. 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: 19,577,239
Current Inflation Rate: 8.99691044
Current Virtual Supply: 265,427,888.609 STEEM
Every Block Produce: 1.7037892 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,069.12894713
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: $4.21
Market Capital: 1,045,159,767 USD
Circulating Supply: 248,452,997
Market Capital Wise Rank: 26
STEEM DOLLAR Market Price: $3.73
Market Capital: 30,169,544 USD
Circulating Supply: 8,085,792
Market Capital Wise Rank: 284
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: 67,944,069
Current Supply: 263,596,952 STEEM
Pending Power Downs (Total powering down in the next week): 6,678,872 STEEM
Completed Power Downs (Total powered down in the last week): 5,809,446 STEEM
Difference (% Change): 14.97%
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What Alexa Traffic Statistics Says
STEEMIT made it's entry to top 1,150 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 | 33.3% | 585 |
| South Korea | 11.3% | 168 |
| United Kingdom | 5.4% | 496 |
| Germany | 4.2% | 853 |
| Japan | 3.4% | 2,084 |
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: 1,401,711 Transaction & Consumed 0.12% Network Capacity
ETHEREUM: 815,713 Transaction & Consumed 47.21% Network Capacity
BITSHARES: 644,834 Transaction & Consumed 0.05% Network Capacity
BITCOIN: 171,328 Transaction & Consumed 100% Network Capacity
GOLOS: 69,977 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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Latest Weiss Crypto Currency Rating
| Cryptocurrency Name Symbol | Rating | Status |
|---|---|---|
| Steem (STEEM) | B+ | Position Increased |
| Cardano (ADA) | B | Position Increased |
| BitShares (BTS) | B- | Position Increased |
| EOS (EOS) | B- | Position Discreased |
| Ethereum (ETH) | B- | Position Discreased |
| NEO (NEO) | B- | Position Discreased |
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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
