STEEM is a sleeping giant!
What happens when STEEM starts running and there's no liquidity to slow it down? Moon time that's what
With the stimulus checks rolling out, the FED saying they are going to be supportive for years, and SBDs pegged over $6, STEEM is going to fly.
After the remarks from Powell this afternoon, everything started waking up, including our beloved:
(Source: https://steemworld.org/@thedogekid)
What happens when SBS climb even higher and people start selling their SBDs to buy more STEEM to power it up and earn even more STEEM?
I think you know what will happen.
A moon shot for STEEM.
Especially when you factor in how nutbox is locking up steem power and other pools are locking it up. There's not much liquidity out there to sell during a bull market mega run.
It's all tied up.
For these reasons I think when STEEM eventually starts moving, it will be tough to stop. I think we will be seeing dollars on STEEM in the very near future.
Plus you know the late spring and early summer tends to be very good for ol STEEMy.
If we even get $2 for STEEM that would be huge for me to be honest.