I know by listening to some folk who have invested in STEEM that they were waiting for the price to go down to around $1.40, maybe they are all seeing the rapid progression and are all jumping in just now a little earlier than they expected.
I look forward to see how things pan out in the month of July.
I think the time for cheap STEEM will be gone soon so if you have any spare money, the only way is up for STEEM from here in my opinion. In saying that this is the world of Crypto trading and it can be so unpredictable!
I just wish Poloniex or whoever is involved in STEEM would get a move on it because I have tokens in STEEM that I wanna power up with!