The current price of SBD is $2.45 on Bittrex.
That is more than double the price that it should be selling for.
SBD has a peg of $1.
When the price falls below a dollar it's up to the witnesses to try to get that price back up.
So why has the price risen so much?
Well the price of Steem is currently sitting at $1.26 which is higher than it's been for some time as well.
It's possible that people are just now realizing that SMT tokens and building communities are going to really increase the value of Steem.
That still doesn't explain why the price is more than two times double what it should be.
Last week I was able to make it pretty good profit by trading 148 SBD for BTC when they were selling for $2.12.
Now I wish I had held off and I really wish I had a whole bunch of SBD and in reserve.
As long as you're posting and you don't have your posts set on full Steem powered mode you should be able to make some SBD and you should continuously upgrade it for Steem at double the SBD.
For example I just traded 6 SBD for 12 Steem.
I don't know what's going on with SBD but you should definitely take advantage of it.