I think it was $0.88 around this time last year. It only makes sense that things will go up with the end of the year though.... because that's how they usually work. Bitcoin looks to be rising as well. Having said that, I think this whole thing with resource credits is actually the strength of the platform by reducing all of the spam and scam.
All it takes is that one big jump for us to be off and up in the air. I still can't help but think about ETH and its $4 price point that very quickly went up to $100. I think it took maybe a month to go from $4 to $100.
Oh yeah! Another bonus of a purge like this! Thanks for mentioning it!
It took just 6 months to go from under $10 to $400 last year. Don't worry it will happen again. $200 to $5000. Steem can easily hit $30 in a hype cycle with all the developments happening here.
I like your optimism. Now is just another opportunity to transfer the STEEM from weak hands to strong.