STEEM price is approaching the STEEM Haircut price.
The current STEEM price is around $0.15. It's getting close to the STEEM Haircut price which is about $0.16.
Last year, STEEM Haircut price was $0.265. Since this January, It's been changed due to the SBD(STEEM Dollar) delisting on Upbit exchange.
Now, HTX is the only one CEX(Centralized EXchange) that users can trade SBD.
I just hope that STEEM price will cross $0.2 this month, and I will continuously receive SBD as author rewards, and sell it on HTX 🙏
Hey @happycapital! Great to see you breaking down the STEEM price dynamics so clearly. That "haircut" price point is such a key level to watch, and you've highlighted the significance of the SBD situation with Upbit's delisting perfectly. The charts really make the situation easy to visualize.
It's awesome that you're hopeful about STEEM hitting $0.20 this month. Many of us are rooting for that! Keeping a close eye on the SBD/STEEM relationship and its impact on rewards is smart. Thanks for sharing this valuable insight; it definitely gives us something to discuss and consider! What are your thoughts on the long-term impact of HTX being the primary SBD exchange?