What did you do with your SBDs at the pump? Today we saw SBD rise over 100% to nearly $3.50 and Steem to about $2.70. The best we've seen in a while. If you are wondering why they happened is quite simple really.
- Hivemind update
- Price pumping on Korean exchange and rest of the exchanges catching up.
As you can see on Coinmarketcap, most of the volume is on the UpBit. This doesn't say much about what the larger cryptocurrency community thinks of Steem as a currency and feels like an isolated pump. Hopefully, we'll see some greater market action in the days to come.
Either way if the prices hold at $2 and continue to go up then we're in for a good ride. However, chances are once this pump and dump is over with, they might fall again. Irrespective of either of these two circumstances, I'm keen on gauging what some of you did during the pump today.
Did you manage to catch it at all? Did you sell for BTC/Fiat or buy some cheap Steem today?
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