steem dollars Question

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Hello CryptoExperts!!

I write this in order to answer a question about the recently pump of steem dollars price.

When I read steem whitepaper I remember this token was supposed to be a low-volatility coin. So what happened with all the algorithms and economy process involved in steem which protects Steem dollars to change so drastically in price?

Some one can clarify why did this happen?

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steem dollars Question | Ecency