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Steem is now down after digibyte took its place on the 33rd spot now steem is now at 39th. We may never know what will happen next but seeing steem at a lower rank is saddening. I guess the better option for us is to sell steem at a high price and do not do panic selling.
Many holder of steem and pickers are sometimes in a hurry on selling which usually ended selling in the low price not knowing that they the cause of the current low price of steem. I am thinking am looking for someone who could share to me the current reason why the price of steem is low. It is like in the situation we have right now it is impossible to see steem at $2 each before this month ends.
Hopefully things will get better for steem and SBD like what happened in the last quarter of the 2017 and the first quarter of 2018. Though we know that one of the big contributor of the high price of steem and SBD during that time is the high price BTC. Based on the prediction of some websites in the first week of August steem will likely to hit $4 each let us hope that it happens.
Everything is Possible when it comes to Cryptocurrency Volatility.
