Poloniex has added the STEEM/BTC, STEEM/ETH, and SBD/BTC currency pairs
Don't underestimate this announcement, as Poloniex is the exchange that provided the most trading volume to the cryptocurrency Ethereum, which is now the second biggest cryptocurrency after Bitcoin!! This will surely inflate the trading volume in STEEM and spread the awareness. Lots of investors will be affected by the so called FOMO (Fear Of Missing Out). The continued high volumes of Ether trading on Poloniex were also the reason that countless other exchanges added it. Will Steemit follow the same path?
.You can already see the effect on the price since the announcement:
Screenshot of the announcement
Source: https://poloniex.com/exchange#btc_steem