you aren't taking into consideration that most steem is locked up in the steemit platform. that makes the numbers way different than what you think they are (kind of how ripple can be worth so much even tho they have so many coins).. check out the video by @raised2b about why steem is so undervalued and he will do a great job of explaining why $100 a token should be easily doable this year.
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Yep, exciting times to be a steemian and stacking steem :) But still we must hurry before it explodes.