The price appears to have stabilized over the last day or so at the same time the trading volume has dropped to about a third of what it was a couple days ago.
Currently just over 3 million $ in the last 24 hours.
We are also now standing number 12 in total market value at 186 million $.
My feeling is that the price will correct in the next days, but of course I prefer it if it skyrockets as do most of you I can only imagine.
A higher price of steem means increased post payouts, more interest from new users wanting to join and share quality content on this amazing blockchain and of course a higher likelyhood of cryptocurrency news sites writing articles about us.