Steem dollar price SKYROCKETED!steemCreated with Sketch.

in #steem7 years ago

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Since December fifth, 2017 the price of steem dollars has skyrocketed to 7 USD! Even though steem dollar is experiencing massive growth, we recommend that you wait a little longer before deciding to exchange it for btc.
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This is a great success for the steem community, and we wish you all the best luck in investing in STEEM!

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I’m totally confused as to why Steem Dollars have risen so much. For a long time they stayed pretty close to a USD. If the rise was related to the potential of the Steemit platform, you would think that Steem would rise more. Can you explain what’s going on here?