March to 10 - STEEM Daily Update - TGA Analysis (23-01-2018)

theguruasia (67)in #marchto10 • 7 years ago

Again a drama happened. "Regulations on crypto currencies" the famous drama back to stage. This is not the very 1st time I heard and i experienced this drama. Every time the drama ends like "Regulations Turned On and Crypto Currencies Found ATH (ALL TIME HIGH)". Weak hands will do panic things and big players are looking for this moment to make their profit. For me this is the time of sale and market will recover in short time period. I think I went little far away from the main topic. But if you have no idea how this market place functioning you might be ended as a looser. HODL this is what I believe and what I keep believing.
I decided to do a little change of my topic. STEEM March to 10, I don't want to make big dreams, I won't see huge up trend in a day or two. I wish to see Step by Step, slowly but steadily price up of STEEM. Therefore, until STEEM reach to $10 margin, I wish to keep this motto STEEM March to 10 and I will use marchto10 as a tag also.

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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.

Current Reward Pool Statistics of STEEM

Head Block Number: 19,221,189
Current Inflation Rate: 9.01115244
Current Virtual Supply: 264,470,147.929 STEEM
Every Block Produce: 1.700328781 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 48,969.46888

^{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: $4.17
Market Capital: 1,032,644,549 USD
Circulating Supply: 247,495,326
Market Capital Wise Rank: 31

STEEM DOLLAR Market Price: $6.41
Market Capital: 43,868,176 USD
Circulating Supply: 6,840,390
Market Capital Wise Rank: 266

^{Sources: Steem, Steem Dollar}

Top Power Up Statistics in Last 24 Hours

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Top Power Down Statistics in Last 7 Days

Liquid STEEM: 70,476,248
Current Supply: 263,063,864 STEEM
Pending Power Downs (Total powering down in the next week): 6,619,875 STEEM
Completed Power Downs (Total powered down in the last week): 12,261,784 STEEM
Difference (% Change): -46.01%

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What Alexa Traffic Statistics Says

STEEMIT made it's entry to top 1,300 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.

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Audience Geography

Country	Percent of Visitors	Rank in Country
United States	37.3%	508
South Korea	11.1%	168
United Kingdom	5.0%	581
Germany	3.7%	1,010
India	2.9%	1,903

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?