Prosperist XXXI: Steem at $1.16 dips to its lowest value in 2018

in #steemit6 years ago

As Steem dips to $1.16, its lowest in 7 months, one wonders if it was because of the overall bearish trend, or the performance of Steem itself that was responsible. So, I looked at a few performance indicators:

1. New Steemit Accounts: 2,450/Day

For the last week of July 2018, a total of 17,149 new accounts were created. That’s 2,450/day.
Source

2. Blockchain Activity: 5.84 times BTC and 1.78 times ETH

Source

3. Activity Valuation Index: 2,325

Source


Source

Conclusion:

Steemit is still growing at an impressive rate of 2,450 new accounts / day. In terms of its blockchain activity matrix, Steem remains way ahead of Bitcoin & Ethereum. The low price of Steem is an excellent opportunity for investors to get on board.

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