Steem Dollars Price Prediction | Forecast for SBD

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Table of Contents:

Coin prognosis
What is Steem Dollars coin?
Future price prediction
Frequently asked questions
Historical Price Data
Where to buy SBD

Possible bearishness on Steem Dollars Downside

Over the past few weeks, Steem Dollars's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying SBD at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.

SBD Price	$3.5460 USD
Price Change24h	$-0.7388 USD (-17.24%)
24h Low / 24h High	$3.4508 / $4.4158 USD
Trading Volume24h	$12,997 USD
MarketCap	$40,276,048 USD

What is Steem Dollars? Fundamental Analysis

Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem. When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform.

Future price prediction

Date	Price	Possible movement
Jun 29, 2022	$4.4158	Neutral
July, 2022	$ 6.0201 USD	Upside
August, 2022	$ 2.7721 USD	Downside
September, 2022	$ 2.4170 USD	Downside
December, 2022	$ 3.9744 USD	Downside
June, 2023	$ 6.3383 USD	Upside

SBD Crypto Price Forecast: Frequently Asked Questions

Question	Answer
Will Steem Dollars rise today?	Our data indicates Steem Dollars will rise today. It's already higher than it's opening price. That's a great sign
What will be the highest price of Steem Dollars (SBD) in future?	Our analysis shows a possible all time high of $6.3383 USD
Will Steem Dollars (SBD) price increase in future?	Our prognosis shows Steem Dollars (SBD) will increase exponentially in future, attaining a possible coin price of $6.3383 USD
Will an Investment in Steem Dollars (SBD) be profitable or make a loss?	Steem Dollars will be a profitable investment in the next 1 year, giving hodlers a good return.
What will be the highest price of Steem Dollars (SBD) in future?	$6.3383 USD
Will the price of Steem Dollars (SBD) move downward in future?	Up only
At the end of the year, what will be the price of 1 Steem Dollars?	Our algorithms indicates an end of year price of 1 SBD = $6.3383 USD.
What is the Steem Dollars price prediction for 2025?	By the year 2025, the price of one SBD could be as high as $31.6917 USD
Steem Dollars price prediction for 2030?	Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030.
Where do I buy Steem Dollars?	We painstakingly listed out some great options for you. Purchase SBD coin here →

Historical Price Data (USD)

Pay close attention to daily volume fluctuations. Poor volume like SBD has is a good indication of bearishness in the short term.

Date	Price	Volume
June 7, 2022	$4.12	$16,510
June 6, 2022	$4.643	$51,100
June 5, 2022	$2.67	$242,800
June 4, 2022	$2.632	$22
June 3, 2022	$2.739	$3
June 2, 2022	$2.695	$4,027
June 1, 2022	$2.792	$1,006
May 31, 2022	$2.798	$283
May 30, 2022	$2.561	$222
May 29, 2022	$2.479	$3,690
May 28, 2022	$2.43	$305
May 27, 2022	$2.446	$866
May 26, 2022	$2.562	$724
May 25, 2022	$2.524	$4,171
May 24, 2022	$2.613	$43,454
May 23, 2022	$2.733	$19,925
May 22, 2022	$2.392	$35,508
May 21, 2022	$2.298	$8,457
May 20, 2022	$2.277	$1,475
May 19, 2022	$2.271	$3,568
May 18, 2022	$2.622	$5,161
May 17, 2022	$2.551	$3,142
May 16, 2022	$2.063	$3,100
May 15, 2022	$2.418	$1,449
May 14, 2022	$2.278	$18,448
May 13, 2022	$2.066	$10,908
May 12, 2022	$2.511	$15,840
May 11, 2022	$3.104	$12,726
May 10, 2022	$3.068	$27,989
May 9, 2022	$0.5959	$23,433

Where and How to Buy Steem Dollars (SBD) Coin

There are 3 steps to purchasing Steem Dollars. They are:

Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase SBD directly with USD. They are: .
Move the Bitcoin to an Exchange that supports SBD: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the SBD/BTC trading pairs.
At the moment, SBD is currently available for purchase with Bitcoin at BitTrex, Upbit, HitBTC, .
Buy Steem Dollars on the Exchange: Now, you can buy Steem Dollars with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different SBD pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.