Can anyone explain to me why SBDs are fluctuating so much at the moment? It's worth $5+ when it's supposed to be pegged to USD 1:1.
My questions are:
1. Why is this happening?
2. Does this mean that the pegging system in STEEM has failed already?
3. Does STEEM prices have anything to do with SBD?
When I was playing around with steem prices for each SBD was less than $1 most of the time.