In fact, it's going up so fast that Coinspot stopped my from buying more at the time of transaction because the price had jumped in the time I took to press enter. I did manage to get some at a higher price, but it's still worth it.
9% in the last hour. So, yes, if you bought Steem while it was at US$1.15 then congrats. :D.
This is because @ned revealed why he powered down 50% of his stake in Steem (there is going to be a restructuring of how votes work, and also some of the whales needed a wake up shake up).
Always power up. Invest in yourself. :)