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RE: Could The Jump in SBD to $15USD Have Been Caused By Fear About Value of Steem?
but bot owners and early exploiters had the majority of supply
its very convenient the peg "broke" when it did similar to in May 2017 after btc had doubled within a month adding another layer to the pump and dump tactics by high holders
basically if you have to exploit a system and pump and dump for gains they have little faith long term and are only concerned with short term gains