Steem dollar price rises once again

in #steem7 years ago

Ever since I have joined , I have been Steem dollar always fluctuate around $1 and under . Just a couple of days ago , we saw Steem dollar above $2 and it aimed to take a similar path today . Steem dollar was up by 44% leading to the price of $1.67. While we still see the internal market of Steem around .57 and on Bittrex the price is around $1. I think it’s Steem dollars turn to rise since the price of Steem has been falling for about 2 months now .

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I think this is a good time to HODL for the coming new year and see what wonders it may bring . With SMT coming next year , Steem will rise

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Thank's for sharing

it grate news for all steem, steem on steem

you are right steem dollar is going up

No. It's going down. It is built to go down. It's entire value is being $1 USD's worth of STEEM. That is all it's worth. Therefore, it is rough worthly $1. There is no real upside. The success of Steem will increase the value of STEEM and not SBD, and that's by design.

oaw it's a great news thanks to share i hope after some day you are ranked by steemit...

Ohh, that's why Reward of my posts was increasing without any upvote. Thanks for sharing this information.