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RE: 300% increase in SBD value?

in #steem7 years ago

It is because they (CoinMarketCap) is including the HitBTC price in the average weighted value price.

By looking at this chart the HitBTC price is nearly $30, but you cannot deposit or withdraw SBD from this exchange.

Instead look at the Bittrex or Upbit price and things will crystalize

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Thanks, probably more reliable. @ironshield

It should be! :D

I came here to post my own screen shot of the same. I never see these pumps now that I pull my values from Bittrex . This isn't the first time HitBTC has caused confusion.

For a few hours they removed it from the feed, but it is back again. I think they have a threshold that they don't include outliers, but they need to adjust it in my opinion!