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RE: Steem Monsters: Hedge Against a Bearish Market (Analysis)
That is also true! I feel like Steem Monsters and SBD work similarly in this case. If Steem falls, SBD won't fall too much under the $1.00 mark, but if Steem pumps, SBD won't pump too much over the $1.00 mark.
However, I feel like Steem Monsters has more innate value due to its utility. Furthermore, it's also something to do rather than just holding since you can use them in battles.