Palcoin report #16 - Daily Updates
Bit late.
I have some connection issues so I will just update charts and not write much...
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 361 times in total for the total amount of 2376 PAL.
In the last 24 hours used 29 times, for 337 PAL.
Average value per day: 237 PAL
Claimdrop
In the last 24 hours, 68 accounts claimed 30K PAL. The total claimed amount is 1.28M PAL, which is 30.57% of claimdrop.
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: 1.575 M PAL 2% raise in 24 hours
Top 99 accounts: 65.08%
Top 100-200 accounts: 10.47%
Rest: 0,274 M - 24.43%
Minimal changes here in the last 24 hours, but it looks like top99 accounts domination is going down.
To be in the top 100 u need to stake 2344 PAL, for the top 200 u need to stake 1124 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: 14.69 M
token sale order: 12.610 M
staked PAL: 1.575 M - 62.6 %
Powered down PAL: 84K 3,4 %
liquid PAL: 0.857 M - 34.1 %
With every next day, there is more liquid PAL in the game.
That may be a very important factor for future price development
Price
Volume up again from 2600$ to 3200$. The price attacked 0.48 then goes back to 0.42
How does the increase in liquid PAL correlate to the increase in claims?
u mean reward claims?
cause claimdrop is quite quiet lately 20-30k daily from claimdrop, it's hard to check if they dumping right away/staking/ or just keeping to sell later.
for me best way to check what people doing with their's PAL is the relation between STAKED and LIQUID PAL:
... its barely visible, u need to open img in new teb or ctrl+ xtimes.
anyway we can see both numbers are growing, but in last 24H we can notice more PAL was staked than left unused(liquid)
Interesting. I guess the overall inflation numbers are much bigger than I thought.
claimdrop, rewards, mining, discord activity, around 50+ K issued PAL daily now. 700K Palcoins were issued in the last 9 days u can see it at first liquidity chart.
And remember about token sale order at 1 steem per PAL - 12.6M tokens, if we ever will get there with price
I imagine there will be a lot of front running the sell wall so it will take even longer to chew through it.
Hey bro!!!
Let’s check if !BEER is working.
Sorry, out of BEER, please retry later...
Enjoy this information mate thank you 😁
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