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I assume you are correct. I was talking to a friend, showing steemit, and current price, and I was showing BCH, ETH, BTC, and LTC, comparing them all to STEEM.

If BCH can be $600, why can't STEEM? <!>

Yup, that sounds logic!

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STEEM 0.21
TRX 0.20
JST 0.034
BTC 90226.35
ETH 3085.20
USDT 1.00
SBD 2.94