Price or rank in the CMC. This is also my gut feeling that Steem just can't keep up with the selling pressure. If Steem was an ICO or low-inflation crypto then it would not fall so much in the CMC. Any upward movement is killed by selling pressure. It looks like heavy uplifting that can only solved by strong altcoin bull run or some miracles (e.g. Winklevoss twins brothers take stakes on steem).
RE: Coinbase's boss Brian Armstrong's wish lists for 2020s shows that Steem is already ahead of the pack.