SBDs getting their groove back:
Currently trading at $3.43 and climbing.
That is the highest level seen in over a month.
The chart looks pretty good:
The interesting thing is that the SBD market cap is already back to where it was when SBDs were trading at $5 just over a month ago. That tells you how fast the supply has been increasing on SBDs.
Which may mean it will be pretty tough for SBDs to get back to those old highs in the teens.
However, I think a run to $5-$6 is certainly possible given the current bullish environment. Maybe even something up near $10 on a nice bullish run.
It may be tough though for those $17 type of numbers again if the supply increase keeps up at the current pace.
Though, as you know, almost anything is possible.
we shall see, a lot of witness want to get back to a dollar, I like the un pegged sbd.
We need Huobi to add SBDs as well. They added Steem and it is taking off.
Totally agree with this post...Help and support each other and the world as a whole--a better place...
creative job @jondoe, thank you for sharing.
I really need to understand the difference between steem and steem dollars better so I can be a bit more strategic moving forward on the platform.
If everyone is as good as you, we are sure we will succeed all, your posts mean a lot to us
Important is time, which is the short term goal.bitcoin has not escaped the downtrend yet. Take a short look