Palcoin report #29 - Daily Updates

in palnet •  11 months ago 

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The post is divided into 4 parts: PAL bidding system, 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 :)

No claimdrop stats already, 24 hours left, just a few people claiming every day. We can expect around 40% claimed.

PAL bidding system

PAL bidding system was used 804 times in total for the total amount of 5039 PAL.
In the last 24 hours used 31 times, for 172 PAL.
Average value per day: 219 PAL

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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: 1.861 M PAL minimal raise in 24 hours
Top 99 accounts: 63.27%
Top 100-200 accounts: 10.17%
Rest: 200-1730 accounts 26.54%

stakeallocation24.png

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To be in the top 100 u need to stake 2500 PAL, for the top 200 u need to stake 1233 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: 15.12 M
token sale order: 12.610 M
staked PAL: 1.861 M - 73.9 %
Powered down PAL: 60K 2.4 %
liquid PAL: 0.599 M - 23.8 %

liqu7.png

That may be a very important factor for future price development

Price

The volume at 1000$. The price is little up, in frame 0.41-0.44, Big buy wall at 0.41

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*Disclaimer: I’m not a financial advisor. The content in my post only serves as information about PAL. Any information in this article is not an advice nor recommendation to either buy or sell. :) *
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Thank you @gerber!

Wishing you all the best. ^__^

Cheers!

Appreciating the information 👍. Do you have an upvote not for delegating Pal power to or is it someone else? I think I remember reading about one somewhere.