Its that low mostly becouse of the 83M Steemit Inc and Co funds in the dao. If we add those we will be 200M+.
Also what you say make sense ... looks like a bull market is comming and pips want to be liquid :) Meamwhile HP has one of the best APY in the industry.
Oh shit right I forgot about that. Silly me.
Super cool how Coinmarketcap (Binance) decided that money doesn't count for our market cap. Like they actually went in and used programmer resources to change the number. Neat.