SBD has a higher natural floor among steemit users because of the psychological anchoring to $1, and SBD has more value to Korean pump and dumpers because of its much smaller market cap than STEEM, and they both have fiat pairing to the Korean Won, their currency. Which is a big part of why it has recovered more than steem during moves back up during this downtrend.
SBD has a higher natural floor among steemit users because of the psychological anchoring to $1, and SBD has more value to Korean pump and dumpers because of its much smaller market cap than STEEM, and they both have fiat pairing to the Korean Won, their currency. Which is a big part of why it has recovered more than steem during moves back up during this downtrend.