This is next in my series of posts reviewing the amount and value of powered up STEEM on the Steem blockchain. For previous posts, see the end of this entry.

Noteworthy in the last week

| --- | - As you may have noticed, there was no post yesterday with statistics from burned beneficiary rewards. This is because the data on the [steemdb.io](https://steemdb.io) web site seems to be spotty at the moment (as discussed [here](/@remlaps-lite/a-puzzle-what-s-going-on-here)). In today's report, I suspect that the completed powerdowns section is similarly unreliable. - Week over week, the number of powered up STEEM increased by about 800K SP, or 0.47%. - Over the course of the week, we saw seven daily increases and seven new highs in the number of staked STEEM. - The modeled value of powered-up (staked) STEEM lost ground against all other comparison tokens, except for LTC. Changes ranged from -18% against USD to +5% against LTC. - Compared to the January 1, 2023 baseline, the modeled value is higher than all comparison tokens, except for BTC and ETH. - Because of the above-referenced issue with data from SteemDB, I'm not sure how much was powered down this week. The pending powerups are around 547K (measured from Sunday through Saturday), which is slightly up from last week's 537K pending. - Financial and crypto markets were both spooked this week when the US Federal Reserve announced a more hawkish position on inflation, and that was followed by the collapse and FDIC takeover of the Silicon Valley Bank. - Crypto markets were further spooked by the White House budget, which aims to tax electricity that's used for bitcoin mining at a rate that will reach 30% over the course of a few years. - Crypto markets were even further spooked this week by a filing from New York's Attorney General claiming that Ethereum is a security. --- ---

Here are the numbers as-of a few minutes ago

| --- | [//]: # (Insert script output here.) Total value locked in powered-up STEEM (USD): $30,735,490.15 External STEEM market cap (coingecko) $76,910,882.07 Internal STEEM market cap (median_price * current_supply) $75,075,200.00 Locked value in terms of other tokens: token | price | locked value equivalent | Jan 1, 2023 | pct of Jan 1 baseline | --- | --- | --- | --- | --- | tron | $0.06 |505,185,571 | 445,758,870 | 113.33% | steem-dollars | $2.47 |12,443,518 | 11,564,498 | 107.60% | bitcoin | $21,069.00 |1,458 | 1,477 | 98.75% | ethereum | $1,541.90 |19,933 | 20,406 | 97.68% | litecoin | $71.56 |429,506 | 344,287 | 124.75% | steem | $0.18 |170,815,355 | 166,882,703 | 102.36% | USD | $1.00 | 30,735,490 | 24,516,738 | 125.36% | ---

And here are the charts, based on data collected daily since April 10, 2021.

| --- | ## Daily Changes Here is a chart of daily changes in powered-up STEEM from April 11, 2021 to present. The graph also includes a linear trend line and a 28 day moving average. [![image.png](https://cdn.steemitimages.com/DQmSohrB1AwYNChrYsp2VnKdozSujNHdRJfXQ83cJmcHjY6/image.png)](https://cdn.steemitimages.com/DQmSohrB1AwYNChrYsp2VnKdozSujNHdRJfXQ83cJmcHjY6/image.png) Here are some descriptive statistics, for numbers geeks. [![image.png](https://cdn.steemitimages.com/DQmQEZwjSmKRfB8TqbAK5BrCycy6CWbUtgD3wC5NzkdkuJc/image.png)](https://cdn.steemitimages.com/DQmQEZwjSmKRfB8TqbAK5BrCycy6CWbUtgD3wC5NzkdkuJc/image.png) ### VESTED STEEM ##### Today's observed value was 170,813,264, which is up by about 800K STEEM, or about ¹/₂% from last week's observed value. The graph shows a gently increasing upslope during recent weeks.

[![image.png](https://cdn.steemitimages.com/DQmfPj7JiL8xQRe24vieJ7iYEq3F882tsH4C6eZH1GheYLH/image.png)](https://cdn.steemitimages.com/DQmfPj7JiL8xQRe24vieJ7iYEq3F882tsH4C6eZH1GheYLH/image.png) ### Modeled value of powered-up STEEM in terms of USD ##### In terms of USD, today's value - modestly below $31 million - remained above the December 30, 2022 low of $23,718,335.58 but declined by about $6.7 million, nearly 18% from last week's value.

[![image.png](https://cdn.steemitimages.com/DQmcRyNjq5odk9FXgdEPKysjZrWQ4o4ksZWMUZFb5etCSrT/image.png)](https://cdn.steemitimages.com/DQmcRyNjq5odk9FXgdEPKysjZrWQ4o4ksZWMUZFb5etCSrT/image.png) ### Modeled value of powered-up STEEM in terms of Tron (TRX) #### Powered-up STEEM dropped against TRX by about 47 million tokens or roughly 8 ¹/₂%.

[![image.png](https://cdn.steemitimages.com/DQmWGcAvcMetgPZcEZMN3vuBUFnqKkz1Z4fnVWC9HX4yY3F/image.png)](https://cdn.steemitimages.com/DQmWGcAvcMetgPZcEZMN3vuBUFnqKkz1Z4fnVWC9HX4yY3F/image.png) ### Modeled value of powered-up STEEM in terms of Steem Dollars ##### Powered-up STEEM lost ground by about 382K SBDs over the last week, which is a bit under 3%.

[![image.png](https://cdn.steemitimages.com/DQmenEMQMKTdVuHeFZRN2DnFTNK3DsdWgGmxKBVFV2HMwyo/image.png)](https://cdn.steemitimages.com/DQmenEMQMKTdVuHeFZRN2DnFTNK3DsdWgGmxKBVFV2HMwyo/image.png) ### Modeled value of powered-up STEEM as a percentage of Steem's market cap ##### After today's observed value of 39.87% the graph was basically flat for the past fourteen weeks, maybe with a barely perceptible upslope. We have now seen 342 consecutive days above 39%; 406 consecutive days above 37%; 533 consecutive days above 35%; and 596 straight days above ¹/₃. Will it hold above 39? Will it climb above 40%?

[![image.png](https://cdn.steemitimages.com/DQmQhHDHUftut3J2auusRvjML6VoBybZbhka29WWGDcYDme/image.png)](https://cdn.steemitimages.com/DQmQhHDHUftut3J2auusRvjML6VoBybZbhka29WWGDcYDme/image.png)

^{*As [previously reported](/@remlaps-lite/did-you-notice-the-switch-web-sites-are-updating-steem-s-market-cap-again), the big drop on December 4, 2022 was due to a correction in the value that Coingecko is getting for its circulating supply. Numbers before December 4, 2022 were based on an artificially low supply measurement.}

### Modeled value of powered-up STEEM in terms of bitcoin (BTC) ##### Powered-up STEEM moved down by ~200 BTC, which is nearly 12%.

[![image.png](https://cdn.steemitimages.com/DQmVPf4oh1wmc4j4QH55qbYaSjXH5Etbpewi5XGsd5WezCi/image.png)](https://cdn.steemitimages.com/DQmVPf4oh1wmc4j4QH55qbYaSjXH5Etbpewi5XGsd5WezCi/image.png) ### Modeled value of powered-up STEEM in terms of Ethereum ##### Powered-up STEEM declined in the last seven days by ~3,600 ETH, or almost 15 ¹/₃%.

[![image.png](https://cdn.steemitimages.com/DQmNzCJSqhfrdgc3QdVcfxZzLVcMoukP1QMLKQ9CV5CiJwT/image.png)](https://cdn.steemitimages.com/DQmNzCJSqhfrdgc3QdVcfxZzLVcMoukP1QMLKQ9CV5CiJwT/image.png) ### Modeled value of powered-up STEEM in terms of LTC In the last 7 days, powered-up STEEM gained ground against LTC by about 22K LTC, which is about 5 ¹/₅%.

[![image.png](https://cdn.steemitimages.com/DQmU36kPHXxtiixE8PhNWwrYt7hVwqeSa8HNDkjffD1MKev/image.png)](https://cdn.steemitimages.com/DQmU36kPHXxtiixE8PhNWwrYt7hVwqeSa8HNDkjffD1MKev/image.png) ### Daily Powerdown Activity #### Here is graph with data from steemdb.io to show daily completed and pending powerdown activity. The graph shows 325K in completed powerdowns last week and 547K pending (both measured from Sunday through Saturday[GMT time zone]). However, the completed powerdowns are almost certainly wrong due to the above-mentioned issue with data from [steemdb.io](https://steemdb.io/labs/powerdown). Based on last week's "pending" numbers, we would have expected 537K in completed powerdowns this week. The pending numbers come from the blockchain API, not from SteemDB, so I believe those are correct.

[![image.png](https://cdn.steemitimages.com/DQmaKiX6ZG8Xvn7Z6zvrSLVfxm53YLFsrphBGFw3JMhWkEh/image.png)](https://cdn.steemitimages.com/DQmaKiX6ZG8Xvn7Z6zvrSLVfxm53YLFsrphBGFw3JMhWkEh/image.png) The horizontal lines are the average values for completed (blue) and pending (cyan) powerdowns, and the yellow line is a 28 day moving average of completed powerdowns. "Pending" numbers now come from the Steemit API, not from steemdb.io. Here are some descriptive statistics for the numbers geeks [![image.png](https://cdn.steemitimages.com/DQmNZ44GhwQrC8atdwMPwxZkmQN4SmsywHkKcabyKTYZWoC/image.png)](https://cdn.steemitimages.com/DQmNZ44GhwQrC8atdwMPwxZkmQN4SmsywHkKcabyKTYZWoC/image.png) | And with a total of 1,005 pending power downs (down from 1,023 last week), here are the times, dates, and amounts of the top-10 | | --- |

1 2023-03-13T01:18:06 - 265,032,941 VESTS, 149,340 STEEM 2 2023-03-14T13:01:15 - 120,039,242 VESTS, 67,640 STEEM 3 2023-03-15T20:09:54 - 77,310,558 VESTS, 43,563 STEEM 4 2023-03-13T16:47:45 - 65,364,541 VESTS, 36,832 STEEM 5 2023-03-19T15:05:24 - 53,376,542 VESTS, 30,077 STEEM 6 2023-03-13T00:52:36 - 26,814,574 VESTS, 15,109 STEEM 7 2023-03-17T01:10:30 - 26,634,740 VESTS, 15,008 STEEM 8 2023-03-19T12:00:42 - 23,757,942 VESTS, 13,387 STEEM 9 2023-03-13T04:31:00 - 21,371,244 VESTS, 12,042 STEEM 10 2023-03-19T10:27:57 - 17,413,691 VESTS, 9,812 STEEM

##### Notes - Reference prices for STEEM and other tokens are downloaded from coingecko.com ##### Previous posts - [Steem Total Value Powered Up - $31 million - March 12, 2023](/@remlaps-lite/steem-total-value-powered-up-usd31-million-march-12-2023) - [Steem Total Value Powered Up - $37 million - March 5, 2023](/@remlaps-lite/steem-total-value-powered-up-usd37-million-march-5-2023) - [Steem Total Value Powered Up - $41 million - February 26, 2023](/@remlaps-lite/steem-total-value-powered-up-usd41-million-february-26-2023) - [Steem Total Value Powered Up - $40 million - February 19, 2023](/@remlaps-lite/steem-total-value-powered-up-usd40-million-february-19-2023) - [Steem Total Value Powered Up - $38 million - February 12, 2023](/@remlaps-lite/steem-total-value-powered-up-usd38-million-february-12-2023) - [Steem Total Value Powered Up - $36 million - February 5, 2023](/@remlaps-lite/steem-total-value-powered-up-usd36-million-february-5-2023) - [Steem Total Value Powered Up - $35 million - January 29, 2023](/@remlaps-lite/steem-total-value-powered-up-usd35-million-january-29-2023) - [Steem Total Value Powered Up - $33 million - January 22, 2023](/@remlaps-lite/steem-total-value-powered-up-usd33-million-january-22-2023) - [Steem Total Value Powered Up - $30 million - January 15, 2023](/@remlaps-lite/steem-total-value-powered-up-usd30-million-january-15-2023) - [Steem Total Value Powered Up - $25 million - January 8, 2023](/@remlaps-lite/steem-total-value-powered-up-usd25-million-january-8-2023) - [Steem Total Value Powered Up - $24 million - January 1, 2023](/@remlaps-lite/steem-total-value-powered-up-usd24-million-january-1-2023) ##### For links from 2021 and 2022, see these posts: - [Steem Total Value Powered Up - $67 million - January 2, ~~2021~~2022](/@remlaps-lite/steem-total-value-powered-up-usd67-million-january-2-2021) - [Steem Total Value Powered Up - $36 million - June 26, 2022](/@remlaps-lite/steem-total-value-powered-up-usd36-million-june-26-2022) - [Steem Total Value Powered Up - $26 million - December 18, 2022](/@remlaps-lite/steem-total-value-powered-up-usd26-million-december-18-2022) ---

[![image.png](https://cdn.steemitimages.com/DQmVc5QiSemwTgbZBBvWaDjzW3h3PbDhjLTcN3Vq2HeLA4K/image.png)](/promoted)

^{Pixabay license, source}

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