The number of powered-up STEEM has been increasing since April, but the value of those tokens bounces around with the exchanges. For example, when I posted the $108 million post on May 14, STEEM was valued at $0.93. When I posted this one yesterday, STEEM was only valued at $0.62. If it had been priced at $0.93, instead, then the market value would have been $128 million.
The number of powered-up STEEM has been increasing since April, but the value of those tokens bounces around with the exchanges. For example, when I posted the $108 million post on May 14, STEEM was valued at $0.93. When I posted this one yesterday, STEEM was only valued at $0.62. If it had been priced at $0.93, instead, then the market value would have been $128 million.
Got it. thank you so much