Steem Dollar price surge?

in #cryptocurrency6 years ago


It's been a while since the last time I posted something here. Been quite busy for the past few days and last night I saw something very exciting. For the past few weeks, Steem Dollar's price is quite stable between 0.0002 BTC to 0.0003 BTC as found on the first graph below courtesy of coinmarketcap.com but last night, SBD's price was able to break above 0.00045 BTC as we can see on the second graph. Although this is pretty much expected, I'm quite amazed about the sudden increase of price although it didn't last that long until a huge dump happened.

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30 day period graph of Steem Dollar (source: https://coinmarketcap.com/currencies/steem-dollars/)

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24 hour period graph of Steem Dollar (source: https://coinmarketcap.com/currencies/steem-dollars/)

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(source: https://coinmarketcap.com/currencies/steem-dollars/)

At the current price of 0.00022 BTC, I guess Steem Dollar is holding strong but is under-valued so if you have extra fund available, I would highly suggest that let's buy more Steem and Steem Dollar. Steemit has a bright future ahead and it's great to be part of it as it rises up.

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