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RE: What is happening with Price of Steem? 🤔

in #steem4 years ago (edited)

Well, according to our data at https://www.coingecko.com/en/coins/steem#markets, Upbit dominates more than 50% of the trading volume of Steem, so there might be merit to your reasoning.

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However, Isn't the Chain Split specifically designed to prevent him from going there? At least that is according to our understanding.

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Yep. All the volume is coming from Korea. Regular Steemians make up 1% or 2% of all the volume. This doesn't smell very well to me.

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