As of writing steem has a 1.7 Billion dollar market cap, and is about $7 each, Now if we times everything by 10 we get a 17 billion dollar market cap and a 70$ steem.. Seem crazy? This would put in the number 6 slot - just between cardano and litecoin - but that is if it happened TODAY. With the amount of money that will be pouring into crypto in 2018, the crypto market AND all the coins above steem will see a huge jump in market cap.
I personally think a $50 dollar steem is well in reach this year as I think it has been highly undervalued as we have seen most other coins - many with no purpose- shoot way up this past 3-6 months.
I mean, really - look at all the coins above steem in market cap - what use are they currently serving - most are just a bunch of talk and marketing at this point, and only have a user base that is interested in them making gains, if they fail to produce- people will sell in a few days and they will turn to dust.. Steem has such a rad user base, and esp. after this pump - NOBODY IS GOING ANYWHERE. I mean even without the money - steemit is turning into a really fun place to be - amirite?