Will SBD go back to $1.00?

Currently STEEM & SBD are equal at $2.05 according to coinmarketcap.com

Now if we take a look we will notice that currently there's 10M SBD & 250M STEEM available, but if we take a look at a post that I made when SBD was over $8.00..

Which was 3 months ago, we see that just a month later in this post they became almost equal!

Another thing to keep in mind is that STEEM is basically limited, and SBD has more than doubled from 4M to over 10M currently, and is not limited supply like STEEM.

Also if we take a look at the SBD chart we see that it has always been around $1.00 up until the recent spike.

However, if we notice on the chart SBD peaked over $12.00, and has been on a decline ever since, but then again most cryptocurrencies have been declining recently.. So it is really hard to tell at this point.

Conclusion

Now on our wallet page it clearly states "STEEM DOLLARS - Tokens worth about $1.00 of STEEM, currently collecting 0% APR."

So it would not surprise me if SBD did go back to $1.00, but with the supply of STEEM being 25x more than SBD, we could see another spike in SBD again due to limited supply, and possibly people being unaware of the difference.

Either way it is good to see support for the STEEM platform, and I know everyone enjoys having SBD payouts that are twice as much if not more!

Let me know what you think in the comments below, and thanks for checking this out.

Post - Vote - Earn 🤘😄🤘

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Some helpful posts that I have made!

➣ Best STEEM Apps!!
➣ Why not STEEMpay?
➣ STEEM On More Exchanges..?
➣ The future Steemit Digital World
➣ Update your Steemit profile picture!
➣ ‍ Steemit can save millions of Musicians and Artists
➣ The difference between a Minnow, Dolphin, and a Whale!

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The Digital Treasure Hunter: The different TYPES of cryptocurrencies!

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Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!