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, - The overall crypto market stabilized from its previous freefalls (for now, at least) - As a percentage of market cap, powered-up STEEM passed the elusive 37% twice this week. - With a gain of about 770k, the number of STEEM powered up hit 4 new highs this week and saw six consecutive daily increases. - In terms of USD, the modeled value of powered-up STEEM gained by about 9%, or $4 million. - Completed powerdowns declined from 726k last week to 510k this week. - This week, the modeled value for powered-up STEEM gained against all comparison tokens except for SBDs. --- --- Here are the numbers as-of a few minutes ago:- Total value locked in powered-up STEEM (USD): $46,441,269.61 STEEM market cap $126,160,547.51 Locked value in terms of other tokens: token | price | locked_value equivalent --- | --- | --- tron | 0.06 |793,976,434 steem-dollars | 4.36 |10,651,667 bitcoin | 37,629.00 |1,234 ethereum | 2,561.30 |18,131 litecoin | 108.14 |429,455 steem | 0.32 |146,000,866 --- And here are the charts, based on data collected daily since April 10.
## Daily Changes Here is a chart of daily changes in powered-up STEEM from April 11 to present. The graph also includes a linear trend line and a 28 day moving average. With six out of seven daily increases for four consecutive weeks and a relatively low number of *Pending* powerdowns in the coming week, the frequent transitions between positive and negative that began around October 11 seem to be showing signs of slowing. ![image.png](https://cdn.steemitimages.com/DQmbs19L6UxvPQNBG3UZa3N72jsbUdhvErCmE1Cn6Pqh6tf/image.png) Here are some descriptive statistics, for numbers geeks. ![image.png](https://cdn.steemitimages.com/DQmVphveMKJx5PRXKkK6tbVEabxaD4aNt7ZMjwJ7akTXSf8/image.png) ### VESTED STEEM ##### This week, for the second week in a row, we saw four new highs and six daily increases. Also, the graph has clearly reestablished an upward slope during the last four weeks.

![image.png](https://cdn.steemitimages.com/DQmT3ZGRqXzxfTSV8aMshqzUe2tg5xvsqawE4AJFqhT9wby/image.png) ### Modeled value of powered-up STEEM in terms of USD ##### In terms of USD, we saw a weekly increase of approximately $4 million, or 9%. The value remains above its summertime and recent lows.

![image.png](https://cdn.steemitimages.com/DQmNpb4JTPwoZLuesUHoD11niAmM8wpjQ8PP5Pu2bE5eNYQ/image.png) ### Modeled value of powered-up STEEM in terms of Tron (TRX) ##### Tron lost ground against powered-up STEEM by 24 million tokens, or about 3%. The total, however, is still hanging below 800 million line for the second week in a row.

![image.png](https://cdn.steemitimages.com/DQmYLtQk2fASxcFC8LMBZMVMKoEiW7BD3PffmXKtCWG9NPN/image.png) ### Modeled value of powered-up STEEM in terms of Steem Dollars ##### Down by about 60k SBD or less than 1% during the last week.

![image.png](https://cdn.steemitimages.com/DQmNpb4JTPwoZLuesUHoD11niAmM8wpjQ8PP5Pu2bE5eNYQ/image.png) ### Modeled value of powered-up STEEM as a percentage of Steem's market cap ##### Up - just a touch - again this week, hanging around in the upper 36% range and drifting across the 37% line twice. We have now seen 30 consecutive days above 36%; 127 consecutive days above 35%; 170 consecutive days above 34%; and 190 straight days above ¹/₃. In the 10 or so months that I've been tracking this, the percentage has been above 37% three times. Two of those were this week. Also, the graph has started to reestablish an upward-seeming slope in recent weeks. Will it hold above 36%? Will it go above 37% again?

![image.png](https://cdn.steemitimages.com/DQmTsgBXr6Q3vUr72AP8oR7ztLKsvzN15a6J562VQoDDj8U/image.png) ### Modeled value of powered-up STEEM in terms of bitcoin (BTC) ##### Up by about 18 BTC, or 1 ¹/₂%, during the week.

![image.png](https://cdn.steemitimages.com/DQmQwwMy3MXksuiP9WtHYXhdnuXmYVNs9EemdWxJA9NKYKc/image.png) ### Modeled value of powered-up STEEM in terms of Ethereum ##### Up by 328 ETH, or almost 2%, in the last week.

![image.png](https://cdn.steemitimages.com/DQmX57MxGAgMgtPfTQBm2RFdtKT6P1cX2TVA9by3uXTipK8/image.png) ### Modeled value of powered-up STEEM in terms of Litecoin ##### Powered-up STEEM gained strength by about 27k LTC, or almost 7%. Still hanging around the 400k - 500k band.

![image.png](https://cdn.steemitimages.com/DQmRZ9soJfLnH1vreoUDUgQP6W8ib2RKExpTfCTNB7X79wi/image.png) ### Daily Powerdown Activity #### Here is graph with data from steemdb.io to show daily completed and pending powerdown activity. Overall, with about 510k powered down last week and 490k pending, we can expect an overall decrease in powerdowns by about 4% or more in the coming week.

![image.png](https://cdn.steemitimages.com/DQmay67dST3qwHoh4QTGdgWmBre3N5Yn7kJWtpLfP5EWoTP/image.png) Here are some descriptive statistics for the numbers geeks: ![image.png](https://cdn.steemitimages.com/DQmWCnadGVv1uUDh3Dw3i6BWK8UL8g5bjf9P3xsj8yFq7ch/image.png) ##### Notes - Reference prices for STEEM and other tokens are downloaded from coingecko.com ##### Previous 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 - $57 million - January 9, 2022](/@remlaps-lite/steem-total-value-powered-up-usd57-million-january-9-2022) - [Steem Total Value Powered Up - $60 million - January 16, 2022](/@remlaps-lite/steem-total-value-powered-up-usd60-million-january-16-2022) - [Steem Total Value Powered Up - $43 million - January 23, 2022](/@remlaps-lite/steem-total-value-powered-up-usd43-million-january-23-2022) - [Steem Total Value Powered Up - $46 million - January 30, 2022](/@remlaps-lite/steem-total-value-powered-up-usd46-million-january-30-2022) ##### For 2021 links, see this post: - [Steem Total Value Powered Up - $67 million - January 2, ~~2021~~2022](/@remlaps-lite/steem-total-value-powered-up-usd67-million-january-2-2021)