I Woke Up with a Smile Because It Appeared SBD's Were Doing a Moon Shot.
The Reality!
The Reason The Price is so High is Because of the Trading on HitBTC.
Currently the price is .003 BTC or $23.50 but don't get excited yet. Unless you already had your SBD's on HitBTC you won't be able to participate in the pump. The wallet deposit and withdrawal feature is under maintenance.
Now Get Back to Work.
Maybe HitBTC Uses This as a Ploy to Get New Signups!
Imagine for a second you are HitBTC and you want new account signups. Run an ad or pump a low volume coin and disable the wallet? Hmm, pump a low volume coin for a few BTC and every Steem user will come running. Either way I don't like HitBTC and their tactics.