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.
USD Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|
Bitcoin Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|---|---|---|
BitTrex | SBD/BTC | 0.5166 BTC | A |
Upbit | SBD/BTC | 0.0652 BTC | BB |
HitBTC | SBD/BTC | 0.0183 BTC | B |
Eth Exchanges
Exchange | Trade Pair | Volume | Exchange Grade |
---|