The value of Steem Dollars
at the moment is $5.36 .
It has a current circulating supply of 9.05 Million coins and a total
volume exchanged of $708,922.34 . Market Cap $48,556,704.62
The SBD prices is looking great! This is almost like a windfall for everyone using this site now! How much longer can SBDs sustain this type of premium price, and why has it achieved such a premium? Any thoughts?
Well, I suppose if you gauge SBD by other crypto standards it really looks pretty good. Very low supply with an excellent blockchain supporting it.
With such a limited supply it stands to reason it doesn't take a lot of demand to drive the price up, and with very limited tools in place to help drive it back down I suppose it could theoretically hold it these levels and beyond..
Then there could be those who believe there will be a use case for the SBD in the future, again pretty amazing blockchain it lives on. Almost instant transfers with no fees and a very limited supply. Hmmm....
The SBD prices is looking great! This is almost like a windfall for everyone using this site now! How much longer can SBDs sustain this type of premium price, and why has it achieved such a premium? Any thoughts?
Well, I suppose if you gauge SBD by other crypto standards it really looks pretty good. Very low supply with an excellent blockchain supporting it.
With such a limited supply it stands to reason it doesn't take a lot of demand to drive the price up, and with very limited tools in place to help drive it back down I suppose it could theoretically hold it these levels and beyond..
Then there could be those who believe there will be a use case for the SBD in the future, again pretty amazing blockchain it lives on. Almost instant transfers with no fees and a very limited supply. Hmmm....
But it's all just speculation don't ya know :)
The higher the price the better for us. SBD shoot like the rocket.
I agree my friend, always makes me happy to see it above $5.00 :)
I agree with you. The price should easily hit 5$. I think if steemit becomes more and more user the price have to go up!
I sure hope so :)
Excellent there goes little by little increasing