Monthly Update: Steemit's Alexa Ranking, April 2, 2018
For the last three months I have been tracking and posting about Steemit's Alexa rankings. Although Steemit has shown excellent growth since its beginning, this month has seen Steemit start to cool off.
Alexa Traffic Ranking For the Last 3 Months
-- | - | ||
---|---|---|---|
Alexa Global Rank | Jan. 30 | Feb. 28 | April 2 |
Global | 1,156 | 967 | 1,038 |
Where are They Coming From?
% of Steemit Visitors | - | ||
---|---|---|---|
Nation | Jan. 30 | Feb. 28 | April 2 |
United States | 34% | 29.3% | 26.1% |
South Korea | 11.2% | 9.4% | 10.4% |
UK | 5.3% | 5.4% | 4.5% |
Germany | 4.1% | 4.8% | 4.5% |
India | 3.1% | 3.9% | Not Listed |
Other | 42.3% | 47.2% | Not Listed |
National Ranking
------------ | ------------- | ||
---|---|---|---|
Nation | Jan. 30 | Feb. 28 | April 2 |
United States | 544 | 837 | 1,222 |
South Korea | 168 | 257 | 289 |
UK | 521 | 602 | 1,017 |
Germany | 879 | 957 | 1,331 |
India | 1,811 | 1,837 | 1,656 |
It remains to be seen why Steemit is seeing a pullback in popularity. Perhaps it is because of the dropping prices of other cryptocurrencies which are affecting the price of Steem and SBD's. Perhaps it is for any combination of other reasons. At any rate, I'll admit it's rather discouraging to watch my account dwindle. Hence, I've posted very little during the past month.
However, I remain highly optimistic over the long-term. Blockchain technology and income equality are two HUGE issues captivating the interests of the world's financial architects. They need time to envision how it will work, time to build the infrastructure, and time to figure out a way to regulate it- but they know blockchain can be immensely useful.
Hopefully the next month will see an upswing.
I really think this has to do with Bitcoin's price drop. If you notice the all-time high of STEEM was at BTC's all-time high. And in a way that makes sense. If Bitcoin is doing fine then everyone's perception may be that all other cryptos are going to be fine as well.
I just see these drops as a new opportunity to buy more Steem at a cheaper price.
Well, today there was a nice uptick. Probably because Bitcoin is having a nice temp upward boost.
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Good luck to you!