I really don't see how Steem can get taken out so easily. It was running just fine when coins were 8 cents a piece. Steem needs competition to get removed and competition in this uncharted territory is good for everyone but the exploiters (might be good for them as well in the long run).
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Sure Steem runs fines as cryptocurrency with social media clumsily attached when some potential to be fixed by expanding the protocol layer, but technology isn't important with regards to money. Feelings are. Nothing is certain. Steem will survive, but maybe my bar for success isn't simply survival. We'll see where we are in six months. Probably lower.