STEEM Breakout Over $3

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At the moment of writing, STEEM was trading at $3.06 on Bittrex, following a sharp rise on significant volume ($3.7 million). STEEM appreciated not only against USD, but also against BTC, trading at over 20k satoshis, after testing levels as high as 21.5k satoshis.


Screen Shot 2017-12-29 at 6.31.21 PM.png


As you may expect, SBD followed suit (or it was SBD igniting the STEEM rise? hmm, hard to tell...), trading now at $8.56, on more than $2 million volume (the entire supply of SBD is a little over 4.5 million units).


Screen Shot 2017-12-29 at 6.31.34 PM.png


At the moment of writing, you'd get 2.8 STEEM for 1 SBD, according to steem.suply calculations. The rewards split is 76.06% SBD and 23.94% Steem Power, still significantly favoring SBD issuance.

For the last few days, STEEM was trading below $3 and SBD below $8.


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 dragosroua@dragosroua.


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