Design-Canva

Hello, everyone. I hope you're doing well. Alhamdulillah, I'm doing well too. Those of us who have been working on the Steemit platform for many years know that we used to receive SBD and TRX Coins as rewards in the past. However, for quite some time, we haven't been receiving TRX Coins, and we've been receiving SBD Coins for nearly a year. So, why is this happening on Steemit? We'll discuss this in today's post. Let's get started.

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When we used to receive SBD as rewards, the state of the crypto market was much better. But now, the market is not as good as it used to be. However, the market is gradually returning to its previous position. Due to a market downturn over the past year, the price of Steem Coin has fallen below $0.3. When the price goes below $0.3, SBD Coin ceases to be supplied. In reality, there is a price of demand in the market. If we aim to receive more Steem Coins as rewards than everyone else all of a sudden, the price of Steem Coin will likely decrease significantly. However, if we receive fewer coins, its price will remain stable.

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So when the price of SBD decreases significantly, SBD supply is paused to increase the price. Instead, we receive Steem Coin. When the price of Steem Coin returns to $0.3, SBD Coin will start being supplied again. The current market is showing signs of recovery. This week, Bitcoin hit $30,000. You know that when the price of Bitcoin rises, the prices of all other coins rise as well. The price of Steem Coin, which was at $0.16, is now at $0.22. You can understand that with a little more pumping, it will reach $0.3, and SBD's price has increased by nearly 70%, which is truly good news for us. So now we have to wait for it to reach $0.3, and then we will see SBD Coins again.

Now, let's talk about TRX Coin. We haven't been receiving TRX Coins for almost two months. In fact, when we look at the market, where other coins were in bad condition, at that time, TRX entered the market with a good price. The reason behind this may be that TRX developers have demonstrated their expertise. Perhaps it could be the case that if TRX pays out, we will sell our coins more than the amount we hold, so TRX's price may decrease a bit. Because many people are earning TRX very well here. So, TRX may be suspended for this reason.

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However, if we look at the market now, where TRX's price was $0.07, it has now risen to $0.09. You can see that the price has increased a bit, so it can be assumed that we will start receiving TRX again very soon. So, friends, this concludes today's post. Let me know in the comments how you found the post. Thanks to everyone, see you in a new post. Goodbye.