Steem Dollar (SBD) rallies to ~$4 and Steem to $1.45!?
Both SDB and Steem were on an explosive rally today and are trading back down now...but what's the cause? Can Steem hold >$1 for a few days and build a new base? Things sure do get more exciting around here with a good ole fashion price rally.
And someone please help me understand why SBD found a price of $4. Isn't it just worth ~$1 of Steem?
Do you think PBC had anything to do with it? I've seen Teeka Tiwari Tease steemit in his promotions. Since STEEM has low trading volume, it could have triggered a buying frenzy.
Plus there was some good news like SMT around.
i didn't know PBC mentioned Steem? So many fakes going around.
and Steem trades right back down to $0.93 :(