RE: What is happening with Price of Steem? 🤔 by trincowski

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Viewing a response to: @coingecko/what-is-happening-with-price-of-steem

· @trincowski · (edited)
$0.15
If you check out where the volume cones from, it's all Corea... I think that Justin Sun and the Koreans will move the war over to the Hive.
👍  ,
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vote details (2)
@coingecko · (edited)
Well, according to our data at https://www.coingecko.com/en/coins/steem#markets, Upbit dominates more than 50% of the trading volume of Steem, so there might be merit to your reasoning.


![Screenshot_30.png](https://cdn.steemitimages.com/DQmTLKP6kSo5oKooNMnegZhVnsYKtJyPvXjFD3eJeFzBhJu/Screenshot_30.png)


However, Isn't the Chain Split specifically designed to prevent him from going there? At least that is according to our understanding.
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@trincowski ·
Yep. All the volume is coming from Korea. Regular Steemians make up 1% or 2% of all  the volume. This doesn't smell very well to me.
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