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RE: The state of steemit for the year.
@arckrai SBD from what I can gather seems to have benefitted from having a low circulation that means any investment in the currency has a greater percentage chance to make a difference to the market value. I believe currently there are around 3-4million SBD in circulation and this is low compared to other currencies
In other words, it's just a succesfull pump on thin market.
4,174,319 SBD to be exact, if we trust the numbers provided by the exchanges. =)