In my limited understanding, it may be the result of mega-whales storing lots of money in SBDs and/or intentional pump & dump schemes. There might be a tie-in to the recent drama surrounding Tether, another dollar-pegged cryptocurrency, as well... hard to say tho.
RE: Overinflated SBD Prices Are Not Good - Here’s Why
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Overinflated SBD Prices Are Not Good - Here’s Why