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RE: SBD Pumping Continues: $2.36 On A Volume Of More Than $5 Millions In The Last 24 Hours - STEEM At $1.22
As far as i can understand SBD is peg to US dollar, then why is it increasing?Even if there is pump it should automatically adjust to US Dollar.
if it's in a controlled environment, like the one supervised by witnesses, yes. Once out in the wild it's supply and demand.
Then SBD should not allowed to be traded on exchanges.