If you look at the chart below, which is for the STEEM coin, you'll be able to see that there was a price pump in the STEEM coin. That pump moved the price far beyond 6 cents. Right now, when the price is roughly 5 cents, you can say that there was a pump of more than 20%. Since it was a pump, that did not last longer. That's how a pump normally happens in the market.
I think it was too short that even I could not notice it, and I also did not get any notification. There was a notification from one of the apps, but by the time I could see that, it was not really a big jump in the price at that time. A price pump is a good opportunity to sell the liquid and buy back, and this way you can increase your overall coin holding. I have done it many times in the past. If I had known about this pump today in a timely manner, then I would have done it, which, I'm sure, could have given me good benefits in terms of more coins.
The current price for the Steem coin is 5 cents, and I think this is the lowest in the current market situation because the potential is amazing for the project. From this price point, we should not expect much of a drop in value. Overall, I believe this is going to be worth more in the long term. That is the reason why I continue to accumulate as much as I can so that I can grow my Steem power in my wallet.
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