Palcoin report #12 - Stats for PAL bidding system

in #palnet5 years ago (edited)

palcoinreport9.png

In this report, I add statistics about PAL bidding system. That data may be little disturbed cause not all requests were fulfilled, probably cause a too high amount of PAL used for vote.

The post is divided into 5 parts: PAL bidding system, 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 :)

PAL bidding system

PAL bidding system was used 213 times in total for the total amount of 1220 PAL.
In the last 24 hours used 27 times, for 165 PAL.
Average value per day: 203 PAL

bidbot2.png

Claimdrop

In the last 24 hours, 145 accounts claimed 30.5K PAL. The total claimed amount is 1.17M PAL, which is 27.98% of claimdrop.

2639claimdrop5.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: 1.51 M PAL 1% raise in 24 hours
Top 99 accounts: 67.57%
Top 100-200 accounts: 10,38%
Rest: 0,274 M - 22.05%

Minimal changes here in the last 24 hours, but it looks like top99 accounts domination is going down.

stakeallocation4.png

How it looks among the top 99 accounts:

top99_3.png

We going to observe how it changes daily.

To be in the top 100 u need to stake 2273 PAL, for the top 200 u need to stake 1070 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: 14.598 M
token sale order: 12.610 M
staked PAL: 1.51 M - 64.3 %
Powered down PAL: 98.8K 4.2 %
liquid PAL: 0.740 M - 31.5 %

With every next day, there is more liquid PAL in the game. I think more traders noticed a fluctuation in price and they are trying to make some profits on that.

liq3.png

We going to observe how it changes daily.

That may be a very important factor for future price development

Price

The volume goes down to 3200$. The price also goes down and stays for a long time in 0.31 - 0.38 frame. Can we expect a rise in price after an update? A few hours left.

chartcandle6.png

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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nice spam

@gerber this is Really Great INFO. You are Like the @penguinpablo of PAL

With steem, it's probably easier to automate that process. Here with PAL and steem-engine explorer, it's exhausting sometimes.

Thanks for the support. It will be much more interesting when I gather more data and we will see some changes on these charts. And that update with delegations may throw everything upside down.

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To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Awesome work thanks for these statistics 👍

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