Steem is Spiking

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Steem has been climbing all day. It just passed five dollars.

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Does anyone know what is going on? SBD is on the rise again as well. After dropping into the 7s. But we have gone from a 3:1 ratio to less than 2:1.

The climb is nice, but I’m a long hold on Steem. Probably dumb, but I’m not inclined to short a coin that drives the website.

If you know what is driving the spike, feel free to comment.

Steem is Spiking | Ecency