As expected before such a major platform upgrade, and I'm obviously talking about HardFork 20, STEEM is receiving some love from traders.
During last couple of hours, it gained no less than 2k satoshis, going from a little under 13k satoshis to 15k satoshis (at the moment of writing).
Volume is also relevant: on Bittrex, we're talking about 36 BTC for the first hour, which is more than 15 times more than in the same interval just before the jump.
On Huobi, screenshot below, the first serious jump hour traded $1.3 million for the STEEM-USDT pair, which is a significant number, even for crypto, where numbers can be inflated relatively easy.
While I'm really happy to see STEEM price going high fast, as I said, we're going through a volatile period. So let's keep our fingers crossed that this is not yet another P&D.
Later Edit: after some readers pointed this out to me, I double checked and I can confirm: on Bittrex and Huobi the deposits and withdrawals are suspended, so this move looks a bit suspicious.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me .
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