Palcoin report #9 - Daily updates

in #palnet5 years ago (edited)

palcoinreport9.png

Daily updates, I added powered down pal into liquidation part. The post is divided into 4 parts: Claimdrop, Stake allocation, Circulating supply & liquid PAL, Price. Everything will be daily updated, and we will see how it changes over time. If u have any idea for some stats, let me know :)

Claimdrop

In the last 24 hours, only 135 accounts claimed 27K PAL. The total claimed amount is 1.05M PAL, which is 25.12% of claimdrop.

2639claimdrop2.png

Stake Allocation

From now, on top 1 is an account created to downvote spam on palnet, with 100K PAL in stake. I will include that in total stake but ignore for allocation chart.

Total staked pal: 1,405 M PAL 2.5% raise in 24 hours
Top 99 accounts: 0.89 M - 68,2% - drop by 1%
Top 100-200 accounts: 0,133 M - 10,7% - minimal raise by 0.3%
Rest: 0,274 M - 21% - raise by 0.7%

stakeallocation1.png

We going to observe how it changes daily.

To be in the top 100 u need to stake 2127 PAL, for the top 200 u need to stake 1037 PAL.

Circulating Supply & Liquid PAL

I am going to ignore token sale order as it is out of the game, for now, to calculate liquid PAL.

circulating supply: 14.467 M
token sale order: 12.610 M
staked PAL: 1.405 M
Powered down PAL: 74.5K
liquid PAL: 0.78 M

Included powered down PAL from now.

liquid4.png

We going to observe how it changes daily.

That may be a very important factor for future price development

Price

Volume raised to 2100$ from 1800$ yesterday. Price after few hours at 0.17-0.19 level, spiked up to 0.4. Now it's around 0.25 - 0.27. Big buy order at 0.24 worth 1900 steem.

chartcandle3.png

PAL biding system

I am doing some experiments with redeeming pal for small votes, and I will share my results with you.
Second test: 5 PAL for a vote worth 0.6$, 0.12$(0.09$ fixed) per 1 pal, price of palcoin was at 0.072$
First test: 1 PAL for vote worth 0.12$(0.09$ fixed), price of palcoin was at 0.076$.

*Disclaimer: I’m not a financial advisor. The content in my post only serves as information about PAL. Any information in this article is not an advice nor recommendation to either buy or sell. :) *
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am glad it's useful, still got few more ideas, but am trying to stretch this out over time :)

Thanks again for the statistics it is interesting to watch it play out.

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Nice information man!

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