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RE: ScaredyCatGuide Looked At The Price of Steem And It Said - I'm a Survivor!
The increased rewards will likely cause a short term over supply of STEEM and SBD. I think the rewards will normalize in a week and then another few days for the oversupply to clear. Barring any larger crypto trends, we should be on the way up by 4th of July weekend.
Yes, that definitely makes sense. We will truly see how this gets digested over the next 7 days.