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RE: Why Steem price is rocketing but volume is low
Do you see this trend continuing past the 140 day mark? Once all the "free steems" from steemit start hitting the market there is going to be a flood. The only way to keep the price up will be if we can on-board enough people to make sure that as all of those are hitting the market, there are enough new users to be able to take them on.
Free steems that Steemit is giving away are in the form of Steem Power. So it will take a long time if users want to convert them fully back to steems and sell. It will be a slow flow instead of a flood.