The Steem dollar is pegged to the USD. It's going to fall back to 1USD. This is a rare opportunity for some people. If I had any SBD right now I'll convert it to steem because 1SBD can give me approximately 2Steem.
Steem Dollars is one of the Cryptocurrencies used in the Steem Ecosystem.
It is pegged to the USD meaning that there are mechanisms put in place to ensure that the price remains close to $1 as much as possible.
But why the sudden pump what's going on?