In April 2019, the STEEM price has fallen back under $0.4 USD. When priced in BTC, we see just how poorly STEEM is doing related to the overall crypto market:
More than 3 years of a nearly-constant loss in purchasing power. It has only been cheaper once - briefly in March 2017.
Steem has fallen out of the top 50 cryptos. It used to be in the top 5.
This blockchain and its contents are amazingly undervalued right now!
DRutter