The successful cryptos has a very particular niche that they are contributing to. Bitcoin resolve the problem of international transactions, DAO and classic ethereum have the smart contracts, litecoin faster transaction and so on.
The problem with steem is promoting content but without the money associated with it. Yes, content is the king in the internet reality where publicity drives the money to the content creators. The dissociation between content and publicity in Steemit is not sustainable. You cannot pay, real fiat or crypto, without ads or any kind of structure that take advantage of the high traffic that Steemit have. We need urgently a market to gives real value to the steem, but the price of steem will tend in the long term to its real value that is zero. The value of any crypto depends on the faith of their community that it is solving a real necessity and the number of exchanges that it generates.....
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Yeah, it is interesting to consider the relationship between the price of Steem and the progress of Steemit. Either one doing well will help the other do well along with it. Conversly if one of the two is doing poorly, it will have a negative affect on the other, so they will either synergistically explode in growth or collapse into nothing.