While most of the alt coins are not performing well, steem has been behaving nicely. Steem has almost reach 6 months high in terms of BTC term. One thing would be to ride on momentum hoping it may go higher, but the strategy has not been working well on alt coin in medium term.
As we all know that binance has been powering up to support the voting previously, and therefore lead to the lock of wallet to avoid massive redemption. This create price deviation from binance to huobi etc. Smart people should take this opportunity for some free profit.
Posted via Steemleo
Yeah, it's strange, but can be explained by the high demand for STEEM tokens currently with the Justin/Steem community stalemate. I think prices will head for 15 cents mid-term before going up again