SBD price has been surging πŸ“ˆ

in hive-103599 β€’Β  17 days agoΒ  (edited)

1000028782.jpg

Source: CoinMarketCap

SBD(STEEM Dollar) price is around $7. I couldn't expect that it would surge.. Incredible!

As you know, SBD was designated as a cautionary crypto by Upbit exchange. Upbit has been reviewing whether SBD will be continuously listed on.

Even though no one knows the result, SBD price has been surging πŸš€ It's weird. Compared to other cautionary cryptos, the price movement looks abnormal. Considering this situation, I presume SBD might be continuously listed on Upbit.

1000028784.jpg

Source: CoinMarketCap

Additionally, I found an opportunity for an arbitrage of SBD. Compared to SBD price on HTX, it's three times more expensive on Upbit.

If Upbit announces SBD will be continuously listed on, both SBD and STEEM will be bullish. I hope they will keep listing SBD.

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why the conversion rate is totally different to the exchange?

Cause, Upbit has halted the deposit of SBD.

Β  Β· Β 17 days agoΒ (edited)

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Β  Β· Β 16 days agoΒ 

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... and it touched over $11 earlier. ... BUT WHY?

... how can a $1 ?STABLE? coin be trading at $11+ ???

I just don't get it. Who (besides just saying the Koreans on UpBit) is behind this manipulation... and for what possible reason? What's the angle?