We will see a new Steem rally when @ned and the dev team make some more announcements and finally fix the sign up process. I continually get notices and emails from my audience telling me they can't get passed the sign up process.
That and Steemit needs to come out of Beta. They need to get serious about taking on facebook as a competitor. The social media market is not stable and it's primed for a facebook fall and something new to take over.
Steem is currently listed at 36 on CMC...Dogecoin just passed them. Let that sink in. Dogecoin just passed up Steem.