Steem Dollars going much higher

in #steem6 years ago

The Price of Steem Dollars Has Went Crazy This Week

The Volume has in the last three days went from 5,671,490 to 169,135,000 are you can see from the chart below

Meaning more people buying and trading it.

It has a low circulating supply that i think will push it up

Why has it went crazy more people need Steem Dollars to buy Upvotes on the Platform ?

More Speculators into trying to flip it ? I think this is the main reason more speculative money entering it

The volume stays high then i think the price will go higher as well maybe $10

What do you think what is the reason let me know Thanks

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it will be interesting to observe the comments to the post👀

Yeah what your thoughts on the price rise?

Give it time, the price will continue to rise as steemit, dtube and dlive and all the other platforms that run out of steem are used, the exchanges are getting a massive number of new users and a % of them will come to steemit for information and probably will start posting too, i did, i came from reddit :)

Yeah its going much higher with the increase in the users on the platform and the demand for Steem.

wow. 4x volume. thats amazing. might bring us a new ath?

Up up and away! lol Headed for $1000?

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