SBD has the unique property that it is always worth at least $1 worth of Steem so it makes a good place to park some crypto to wait for a ride up or down. That along with it having no fee to send and the speed of the STEEM blockchain I am not supprised it is going to go up even higher. That will attract more people to join steem to try to earn them and then MOON and party blogs galore.
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Ah, thanks for explaining! It must be pretty nice for traders to have a currency with a floor like the SBD does.