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RE: ᕙᓄ(☉ਊ☉)ᓄᕗ * * * Steem Dollars Are Going TO THE MOON! * * * ᕙᓄ(☉ਊ☉)ᓄᕗ
HI, do you know why is steem so low compare to SBD? i dont understand this....maybe you can explain...THX
HI, do you know why is steem so low compare to SBD? i dont understand this....maybe you can explain...THX
I think it has something to do with Tether, which is a fiat-pegged crypto token like SBD. When problems happen with Tether, people who use a fiat-pegged token for exchanges come flooding to SBD, the second-biggest dollar-pegged token. As people buy it up, supply reduces, which increases prices.
If it's not that then I'm not really sure. SBD has been worth more that Steem in the past, but Steem has also been worth way more than SBD as well.
It's just the world of crypto, my dude lol