Why the sharp rise of Steem today?

[altcoingamer]

What was the catalyst of Steem going over 100% up today?  Was it because it became so undervalued or was it some other reason?  Almost had a Palm Beach sort of day.

[b-day38]

What was the catalyst of Steem going over 100% up today?  Was it because it became so undervalued or was it some other reason?  Almost had a Palm Beach sort of day.

May be a lot of investors are investing big amount of capital on this project causing steem to rapidly increasing it's market value.

[Shahinaz]

the new system in steemit makes it difficult for writers who have a minimum delegation, and not enough steem power, it's a pity

[Richa99]

it was a tremendous increase, and I am very sure that many investors are very happy to invest in steem, and that can prove that steem is a very good and awesome coin.