It had its peaks at around 2.1 USD and its current price is at 1.83 USD
From the FAQ:
"Steem Dollars (commonly abbreviated SBD) are liquid stable-value currency tokens designed to be pegged to $1 USD."
"What?!? One $1 USD? So why is it trading for much more?" you may ask.
There definately are enough Posts about the possible reasons for that, but what I am really interested in is:
Im trying to think of the (negative) effects of the SBD being traded for double the intended value. I just do not find any.
Of course, the Post rewards are getting (kind of) out of balance, but I dont see a negative impact there.
So please, Steemit Community:
What could be the negative effect of that, or do you think it really does not matter?
:)