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RE: Daily Steem Stats Report - April 13 - STEEM is up 45%

in #steemit7 years ago

Hopefully we will soon see an announcement from the Steemit team that justifies this price surge. Otherwise, I think you are right and there's a good chance that the price will drop again. We'll see...

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If there was a burst of buying ahead of an announcement, doesn't that indicate insider trading?

Insider trading or something has leaked.

True - stupidity or negligence is always a more likely explanation than deliberate wrongdoing.