Monthly Update: Steemit's Alexa Ranking, April 2, 2018

in #busy7 years ago

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.


Image Source: Alexa.com

Alexa Traffic Ranking For the Last 3 Months

---
Alexa Global RankJan. 30Feb. 28April 2
Global1,1569671,038

Where are They Coming From?

% of Steemit Visitors-
NationJan. 30Feb. 28April 2
United States34%29.3%26.1%
South Korea11.2%9.4%10.4%
UK5.3%5.4%4.5%
Germany4.1%4.8%4.5%
India3.1%3.9%Not Listed
Other42.3%47.2%Not Listed

National Ranking

-------------------------
NationJan. 30Feb. 28April 2
United States5448371,222
South Korea168257289
UK5216021,017
Germany8799571,331
India1,8111,8371,656

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.

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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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