Price-based Forecast Algorithm
The latest dollar price of SBD is $0.9345. At this time the Steem Backed Dollars price prediction algorithm is reporting that within 24 hours SBD price will be +13.4% targeting $1.06, in 7 days -19.5% making its way to $0.752273, in one month -44% making its way to $0.52332 and in 3 months -62.7% moving to $0.348568. The Long-term forecast is displaying that Steem Backed Dollars will be going down in dollar value.
While computing the SBD price prognosis our tool has spotted that in a period of the last 180 days the highest dollar value of the coin was $0.9533, and the bottom was $0.3283.
There are 12249381 SBD circulating on the market at the moment.
What may come to pass if you decide to buy $1000 in SBD now? The Steem Backed Dollars prediction program presumes that by tomorrow the value of your investment may be $1134, in 7 days it may be $805, in one month it may be $560 and in 3 months it may be $373.