STEEM/SBD price update #11

in #steem6 years ago

Hey everybody!

Its already time for update number 11. Every week I tell about the latest price changes of STEEM and SBD so that you guys know when to buy or sell.

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Screenshot is from coinmarketcap.com

As you can see on the screenshot its another green week for both. It seems that both STEEM and SBD finally found the way up again!

STEEM didnt went up as much as last week but it still had an increase of about 4%. Last week the price of 1 STEEM was $3,48 and this week is $3,89. It looks like its just waiting to let it break the $4 dollar barrier again!

Even SBD went up again this week. An increase of 1% made it go from $3,10 last week to $3,37 this week. There is not so much fluctuation last hour or day so the price seems stabil.

STEEM is still a lot higher then SBD so the exchange rate will still be bad. In the internal market you have to pay like 1.17 for one STEEM now while it was 1.14 last week. If you look at the absolute conversion rate (3.89/3.37=1.15) then the internal market rate is like 0.02 higher meaning its a quite good rate in the internal market now. I wouldn't advice to exchange tough as long as 1 STEEM cost more then 1 SBD.

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Coin Marketplace

STEEM 0.18
TRX 0.13
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BTC 56924.47
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