The value of Steem Dollars (SBD) can fluctuate due to various factors, including market demand, supply dynamics, and market sentiment. While the intention behind SBD is to maintain a peg to $1 worth of Steem, market forces can cause deviations from this peg. Factors such as changes in demand for Steem, trading volume, and overall market conditions can influence the price of SBD, leading to it being unpegged from $1 at times.
The value of Steem Dollars (SBD) can fluctuate due to various factors, including market demand, supply dynamics, and market sentiment. While the intention behind SBD is to maintain a peg to $1 worth of Steem, market forces can cause deviations from this peg. Factors such as changes in demand for Steem, trading volume, and overall market conditions can influence the price of SBD, leading to it being unpegged from $1 at times.
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