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RE: State of Steem #15 | Blockchain Activity [No.2] | Steem [$4.67] / SBD [$5.94] | Alexa Ranking [ 1,418] Total Accounts [544,654] Active Users [47,735]
What is the reason behind such price drop? I now due to the volatility of the market some correction is expected but such drop is depressing!!! But what else? Voted such a nice post with loads of data !!!
Many people are taking profits, some talk about cryptos being banned in South Korea which is not true and the whole market has been down lately. Probably more factors as well...
Hmm let's hope for the best!! I agree that a good amount of profit were withdrawn and that's the one reason of down fall but rest god knows!!! :)