The price of Steem is closely correlated to BTC (this is the case for 99% of all cryptos). The analysis that they do on that site is worthless for the long term. The price of Steem will go up when BTC does the same.
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There are still tokens worth way more than STEEM.
I saw your post praising scorum. But How can people having no interest in sports journalism succeed over there?
I guess they can’t. That’s not my problem.
Considering that 99%+ off all tokens have lost more than 90%+ of their marketcap from the all time highs it's really not important. Of course, relative to other currencies STEEM has dropped alot of slots in the rankings (that is obvious) but those valuations only measure the interest of people that are already in the market. By that measure STEEM (the currency) is mediocre at best but it has alot more potential than most of the other ones that are higher in the rankings. The next couple of years will pivotal for this project...either things get turned around or the next opportunity will be squandered away. And I am not talking about Steemit Inc (they have proven that they cannot deliver on their own goals).
We can't say anything about cryptos. Yet, I like to believe in an upcoming ray of hope!