As I started here on Steemit.com (August 2017) Steem and SBD were around $ 1USD and there was a marketcapitalization of Steem of around $ 850 Mio USD.
At same marketcapitalization there were Steem and SBD max up to aprox $ 10 USD (when BTC was at aprox 20 000, end of 2017)
Now there is a marketcapitalization of Steem of around $ 150 Mio USD and BTC around 5,5 k.
So there is possibility in both directions right now - I hope the bear soon turns into a bull :-)
By attracting new serious investors to rise the marketcapitalization again this surely could happen soon...
One of the biggest pro's of Steemit is that there is a real worth of the tokens because of many quality content and another one is the possibility of very fast and fee-free transactions.
Maybe more investors realize that in the future...
A next trick we can help ourselves might be to buy Steem with the SBD we get everyday - demand pushes the price, right ?
So maybe a win win situation: we can buy cheap Steem and investors see a growing price which might attract them to jump in...