STEEM's price has been pumpi'n but still far away from SBD print levels
Following its sister chain, STEEM had been up yesterday with some few percentages and reached around the 27 cents levels, not enough to sustain that level and at the time of this writing, barely sustaining the 23 cents support. Well the markets gonna dictate on how high and low it will go based on how whales will play on the prices.
It is surprising always for me on how the prices of both tokens will go up after sometime because the volume in Binance for example would reach 172 Million STEEM tokens exchanged in just a few hours and almost double that for the other token but with the other token initiating the price pump where eight hours later STEEM would follow. Well I just hope that STEEM would again breach the 28 cents price so that of course we get to earn more Tokens for our goals and purposes.
I am still invested in this platform and yet to ROI, however what I had invested in also came from the proceeds that I was able to acquire from selling STEEM at a high price and planned to buy more if the price of it would go up and it relatively did when the price of STEEM had gone so low and I have to act because otherwise I will not get as much STEEM as I have today.
All in all it is well for me because I can get to enjoy the benefits pf being an investor for as long STEEM platform exists and STEEM platform being the OG of social media, only some users will come and go but this platform will stay for the reason that developers and community members are thriving in it just like an established island in the ocean and sustained by the price action of BTC. Still we have to be patient about it because there are so many factors to be bullish on this coming year for crypto like USA government being crypto-friendly unlike in the past years, then there are ETF approvals for XRP, Solana, etc., plus the fact that USA government is set to make a strategic Bitcoin reserve fund aiming to buy a sizeable amount of BTC to help pay its national debt which would move other nation states to do the same.
So if are already established to be well-exposed to cryptos and have already a "skin in the game" i.e. invested, then the future will be brighter and all we have to do is to count our gains because there will be so many of it will come because of the factors aforementioned, we cannot be bullish enough.
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ᴀʟʟ ᴛʜᴇ ɪᴍᴀɢᴇs ᴀʙᴏᴠᴇ ᴀʀᴇ ᴄᴀᴘᴛᴜʀᴇᴅ ᴀɴᴅ ᴏᴡɴᴇᴅ ʙʏ @cryptopie 𝘶𝘯𝘭𝘦𝘴𝘴 𝘰𝘵𝘩𝘦𝘳𝘸𝘪𝘴𝘦 𝘪𝘯𝘥𝘪𝘤𝘢𝘵𝘦𝘥
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