Why Steem Dollar Price Fluctuates so much?

in #bitcoin7 years ago

Steem and Steem dollar are always in my watchlist. Steem price seems stable but steem dollar (SBD)prices fluctuate drastically.

https://coinmarketcap.com/currencies/steem-dollars/

Could anyone share your opinion on why SBD price fluctuates so much?

From market perspective, it's not so positive to be like this.

Coin Marketplace

STEEM 0.28
TRX 0.24
JST 0.040
BTC 95208.70
ETH 3320.39
USDT 1.00
SBD 7.55