I wouldn't base price movement as being tied to the price of steem honestly. The thing is it mirrors it because of how similar the chains are it's simply a clone of Steem however some work has been done and continues to be done to the chain which is brining separation. Any time there is a rally just about every token and coin follows suit. If you really wanted to say something is tied to a chain it would be Bitcoin. If bitcoin goes up everything goes up. If it falls everything falls.
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So the similarities of the chains make them move together? Does it mean EOS moves as we do? 🤔
no no It's because everything is traded against Bitcoin on exchanges. Bitcoin is the entry point for nearly everyone right now.