Hey Jon. Steem is looking really strong right now, especially when BTC is tanking so badly.
The divergence from SBD and Steem could be something to do with those in control of supply wanting it back around the dollar. Coinmarketcap has a circulating supply of SBD at 14 million. I'm pretty sure that back in January that was 7 million and Christmas 5 million.
That's some serious dilution.
RE: Modeling STEEM - 24May - Reaching For LongTerm Prime