Good sign is that nothing like this is on the market and can change people lives just by creating an account. There are limited numbers of steem and that number is atm 235mil steem. That amount is just right compared to crazy inflation we had before hard fork. (time when being a whale was insane, their interest on steem power would be around 5k steem in one day if they had 1mil steem power) That inflation is gone now and there is less steem being minted.
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Not sure where I read it, but I was seriously under the impression there was no upper limit for minted steem. Although I do think 235 million is still a bit too much.
We can compare ethereum price with 100 mil coins that jumped to 20 usd.
With 135mil more steem it is realistic to see steem on 4usd again, far down the road though. Much more work to do for that to happen.
Don't know the exact numbers but inflation is reduced significantly, from 180% to something like 10% annually. As you, can see that's a huge huge difference, steem power was something very lucrative to have in larger amounts back then with interest rate of 0.3-0.5% per day, interest on steem power now it's not even worth mentioning.
If it would just be for those points (nothign liek it on market, runs smooth, amount and interest) Gridcoin should be worth several $ each. It is not even worth 1 cent.
The point is that a coin needs buyers.