I don't know. I don't know how much STEEM is powered up versus all the STEEM out there. I suppose it can't help, if they're actually selling it. Putting it out on an exchange doesn't necessarily mean they've done anything with it, and there's quite a bit of STEEM just sitting around in people's wallets, too, so I don't know. Only those who got their STEEM for nothing or next to nothing could afford to do anything with it now, so I don't understand the sell off. Unless they're truly trying to redistribute STEEM.

I think it's more likely that people don't know much about STEEM, and what they do is negative. Other chains do a better job of marketing even though they don't do much, and what they do is more valued than social media. There needs to be more going on here than just a bunch of people constantly obsessing over the platform, themselves and the price of STEEM.