Steem Backed Dollar Hits $10.69!

in steemit •  4 years ago 

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Yes it's another incredible moment for the Steem story today because at 14:05 HRS British time SBD managed to break through the $10 line of resistance and reach $10.69 a high we haven't seen since 2018. Way to go SBD! This demonstrates not only another significant milestone but provides us with another key indicator that the entire Steem ecosystem is moving in the right direction and its performance with its two native tokens keeps getting stronger.

At the time of writing the price of Steem has also slightly increased and is trading at a price of $1.27. If Steem maintains this price we can hopefully expect SBD to stabilise around the $10 mark. If Steem goes up, and all the technicals are looking good at this stage for that potential new rally, then we can expect SBD to increase even further.

For now though enjoy the moment and Steem on!

The ACOM Team

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A C O M

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4 years ago by

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      ·  4 years ago 

    hopefully the price of sbd and steem can continue to increase in the future and can maintain.

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        ·  4 years ago 

      100 SBD will get you about 1,000. steem... A good time to convert.

      That's $8,000. when Steem hits $8.00 again (as it will) :>)

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          ·  4 years ago 

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