Great news! Steem and SBD have finally had a bounce back after sliding for most of the year. At the time of me writing this (just before 8pm Australian time) Steem was up 35% and SBD was up 67%
BUT WHY????
Well, no one seems quite sure exactly why, but we do know where. The Upbit exchange in Korea has been accounting for a large percentage of the trading volume.
I would be curious to know if any Korean friends have an insight on what is driving the demand there. This is the highest trading volume since early February.