STEEM is back on the rise! 📈

in steem •  7 years ago  (edited)

STEEM is back on the rise!

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According to coinmarketcap.com STEEM passes $3 once again!

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Source

SBD is for once in a long time trailing behind the STEEM price at $2.59..

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Source

Now I have discussed a "flippening" in STEEM and the Steem Dollar since last year when SBD peaked around $14.00

This has seemed to cause some confusion, because SBD (Steem Dollars) should only equal $1.00 all the time according to our Wallet page.

However, for a long time we have seen SBD worth more than STEEM ever since then!! Which had a lot of us wondering what was going on.

Conclusion

So hopefully people are starting to realize the value of STEEM/STEEM Power, while also understanding the purpose for the SBD as well.

I think that once people start to better understand how STEEM and Steemit works, we will start to see the true value start to balance out!


Source: @overkillcoin

Let me know what you think, and thanks for checking this out!

Post - Vote - Earn 🤘😄



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Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!

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Good explanation. I am really excited about this increase in price. Looking forward to more price increase of Steem and SBD.

Thank you, and I feel the same way.. I think it's gonna be a crazy summer! 😝

Buy more when the BTC and Steem will drop over this weekend as they both do usually then, pump up again on Monday or Tuesday.
I knew a pump was coming later in the week like today when both coins did not pump up on Monday like they do so, I had a real vision that a good surprise was coming.

waoh!