Steem price is falling and now its worth is 0.96SBD.
I have come across a number of Steemit users raising concerns over the falling Steem price. Steem price is down about 40%. Not so good in maths, but it's nearly about 40%.
One thing we will all certainly agree on is that, by whatever measure you use, prices have fallen. I believe there are a number of contributing factors to this market move. I think it's the fear of missing out that making people to sell their steem. So market of steem becomes irrationally quick.
Although users are increasing day by day but the value is still falling down. This is, however newbies are burden on steemit.
Well there are number of factors effecting the declination of steem price. But the thing is people are freaking out. They are afraid to be theft.