If I remember correctly also, with HF20 Steem tokens will be burned to give permanent minimum bandwidth to new users, so this should decrease circulating supply and therefore increasing the price. It will be interesting to see how the whole STEEM/SMT market works. The ERC20 protocol brought Ethereum where it is today, but a lot of its tokens are pure speculation and have no use case, Steem and all of its applications, on the other hand, actually do work, it is very exciting to follow.
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