Hive Dollar Peg Fails.. Heavy Trading of HBDs on Upbit Exchange

Well, a vaguely USD pegged HBD price was nice while it lasted. HBDs are now 48% over priced.

Despite seeming like HF25 and other strategies to regulate the HBD peg may have been relatively successful, offering Hive an additional benefit over Steem (considering Steem's SBDs are VERY broken) - the price of HBD today reached 48% above it's intended USD peg.

Trading of HBD on Upbit reached over $28 Million USD at the time of posting!

source: Coin Market Cap

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