So what was the festive spike in the price of Steem $ all about?

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Ive recently started to consider investing more time and content in Steem and based on the success of others that I know in real life was working on 1 Steem $ working out to be worth around $10 US which is where it was at when I first started on this platform. I can see now that it is worth approx double what it was in the Autumn / Fall period which is still great news, but does anyone have any answers for the festive rise in its value. Im pretty new to Crypto currency so please excuse my ignorance and naivety! I look forward to your answers :-)

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Steem is just crashing because all cryptos are dropping hard right now. Most people I know in the crypto world are confident that prices will rebound, but it could go down way more before it goes back up again. It's really hard to say, and anyone claiming to know the answer for sure is lying.


Awesome work! I`ve re-steemed!
Must be supported...
Thank you for your wonderful work 😊😊