I'm not sure how it's now, but I believe the 12 dollar dollar made the following bear market worse. Can't remember how exactly, had something to do with the fact that the SBD was printed excessively because the price was so high.
I think it would be best if it was a "true" stable coin, but you know, I can't control that, so I'm just riding the wave, whatever comes, haha.
Stable-ish will do me for now!