The State of Steem
The Price Spiked over night.
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Point of interest...
the Volume of trading has not visibly decreased.
There's still a lot of buying/selling going on.
Over $55 Million in the last 24hours.
Ten Percent of Market Cap.
(Dunno if that's significant)
at the moment Steem is
$ 1.9304659618
SBDs are
$ 2.4074586679
the parity is once again broke on the upside.
For 1 SBD you get 1.258 STEEM
Interestingly enough Bitcoin hasn't shown that much reaction
BitCoin is up 5%
Among the top ten Cryptos
not a whole lot has changed. Some red..some green..no big swings either way.
Just a wild guess but I'd say that something specific to Steemit
Drove this latest price increase
and the continue volume of activity.
I wonder if
Update: Communities/Hivemind
had anything to do with it?
There's Some VERY Serious Money Coming Into STEEM
Of course UP is always good! I just wonder why it has taken so long to start moving back up and who knows if it will continue!
Well, all this that is happening gives us more courage to continue working hard in Steemit. We remain attentive to information and trends.
$ 2.07422271775