Steem has reached the highest value in 2018 at 3.1.2018 about 9$ at that day it was only lower.
But the good thing is that it is standard about 5$ which is good. At the end of the last year the price was about 2.3$.
Source: bittrex
New tokens will be purchased and that is positive side. I think this crypto is long term, and who knows after few years maybe it will be new bitcoin :D
How it will become we will see, but im afraid if bitcoin drops, everything will drop and we will see.
This is long term investment to steemit community i want big growth but slowly, because fast way up is fast way down. What this platform makes stabile is huge amount of people focused on long term investment.