It may well fall below $1 in the near future. There seems to be a lot of negative momentum now. The problem is nobody knows when that train will stop. But when I look at development, I see potential for positive price action in the future.
Steem has many things going for it:
- scalability unlike any PoW coin
- built-in easy-to-use and secure wallet
- easily readable addresses
- built-in market for STEEM, SBD and Smart Media Tokens
You mentioned solid points, my friend. :)
Let's hope that STEEM will be worth one day as we all imagine.