You are viewing a single comment's thread from:
RE: Steem Total Value Powered Up - $62 million - July 30, 2021
Yeah, seems like STEEM is riding on BTC's coat tails again. An all-time high for STEEM would be nice, or I'd even be happy if it can get back above $1 and hold it there.
If Steem is able to hit $1, then SBD would be selling probably at $14. Just like a few months ago. That would be a nice change of event.
I'm not sure what to make of SBDs holding their value around 10x or 15x the price of STEEM the way they have been. I keep expecting them to return to $1 in value, as designed. I've been wrong about that for a while, now, though.
I guess they forgot to peg it at $1 like USDT. haha
lol. Yeah, well they tried. That's why I keep expecting it to go back down, but the peg doesn't always hold.