Hopefully we will soon see an announcement from the Steemit team that justifies this price surge. Otherwise, I think you are right and there's a good chance that the price will drop again. We'll see...
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Hopefully we will soon see an announcement from the Steemit team that justifies this price surge. Otherwise, I think you are right and there's a good chance that the price will drop again. We'll see...
If there was a burst of buying ahead of an announcement, doesn't that indicate insider trading?
Insider trading or something has leaked.
True - stupidity or negligence is always a more likely explanation than deliberate wrongdoing.