Why as Steem gone up so much recently?

in steem •  7 years ago 

So, i’ve been away from Steemit for about a month now. I made my first post yesterday for the first time since then and I’ve noticed the price is up 6x!!! This awesome, but I just wanted to know why? Thanks a lotFBCAFF27-9DC5-4229-9FC6-2122213BDA1C.png

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It is not steem price it is Bitcoin's price that has risen up.

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Even when Bitcoin was $19k a month ago, Steem was just over $1. Now, Bitcoin is $14k and Steem is over $6

it's a good question and it's simple because the number of users increases

This makes sense. Does Dtube have anything to do with it?