SBDs are trading for $10 right now!

in steem •  4 years ago 

It just keeps getting better and better to be on Steemit.com!

A few weeks ago I was excited to see SBDs around $4, but it turns out that was nothing.

SBDs are now getting up near $10 and holding strong!

image.png

(Source: https://coinmarketcap.com/currencies/steem-dollars/markets/)

This is great news for anyone on Steemit.com as post rewards pay out SBDs as well as STEEM and TRX. Both of which have been strong as well.

I've you ever been on the fence about powering up STEEM and getting involved, there's almost never been a better time than right now.

The last time we had this type of environment, SBDs went to $20 and STEEM went to $9.

Will history repeat?

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Es el comienzo de una buena racha.

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What is this?

It is a pretty unbelievable situation. If SBD keeps pumping and takes STEEM super high that would be insane. Part of me thinks it can't get as high as it has before but if suddenly STEEM shows up on the first page of CoinMarketCap again and tons of new people get involved it is hard saying. Plus none of that necessarily has to occur. All that would need to happen is a ton of traders buy into it because of the technical chart profile.

There's so much money sloshing around right now, it just needs some momentum and things can get crazy.