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RE: Steem Rally? Steem Up 5% today with high of 54 cents!
Someone got pumped and dumped on with that 50 cent spike. With the news of Steemit Inc. laying off 70 % of its employees I was expecting another dump in price. I don't think the news has spread to everyone yet but I will be surprised if we aren't back down to 30/31 cents within 24 hours time.
As long as the price doesn't shoot up out of no-where I plan on buying more in the up coming days.
Wow! How sad. I had hoped it was Steemians powering up why Steem price was low. How can you tell it was a pump and dump?
I can't say for certain, mostly just a guess.