Not exactly. Your status as a minnow, dolphin, or whale is based on the number of Vests you have been awarded. You could theoretically have a huge following but receive few awards because your post quality is terrible.
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OMG so the posts I did today may not have much value, where do I research to become better at this???
Firstly, you can only really monetize up to four posts a day. Secondly, you should do google searches for "Steemit Markdown." This is the code we use on Steemit to make our posts more beautiful. There are numerous tutorials that will show you how to turn text into
headers,
or even italicize it.
Good luck and Steem on!
Right Steemit Markdown got it will research soon.