Since I mostly use coincodex instead of CMC as a source and I´m seeing extremely low volumes on STEEM there, I just checked again. On coincodex, STEEM is only ranked 75 with a tiny 6.7M trade volume and I just found out, that the reason for this is, that they don´t use the Korean data for their price calculation (Upbit is missing there). So I´m wondering, what this means for us.
I know, that in Korea every coin is more expensive and there are bigger trade volumes, but is it really a good thing, that most of our STEEM value is derived by Korea and one single Exchange holds such a big percentage of our volume compared to the rest?