In the world of cryptocurrencies, where volatility is the norm, Steem Dollars (SBD), a stablecoin, is capturing headlines with an astonishing 387% surge in price over just one week.

In a recent development, Binance has expanded its support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL). Although this development provides a bullish outlook for these coins, they have experienced significant price drops due to the current bearish sentiment in the broader crypto market.

Steem Dollars, the stablecoin native to the Steem blockchain, has seen a remarkable price surge of over 106%.

Steemit is a blockchain-based social media platform that aims to tokenize the content web. Users can not only create and curate content on Steemit but also monetize content and grow the community.

The Steem blockchain is a decentralized social media platform that rewards users for creating and curating content.

The LUNC price, the SLP price and the STEEM price are all showing bearish signs and are likely to resume their downward movements. The post 3 Cryptos That May Never Make All-Time Highs Again appeared first on BeInCrypto.