We're storing 500k steem on the exchange, we've seen a few million SP go into voting bots. We're giving use cases left and right to Steem that never existed before. The problem is that the vast majority of posters get their Steem and dump it right as soon as they get it. People need to see that there is value to holding it. When that mentality shift from simply earning to earning to invest in steem and its projects then this price will turn around.
RE: Steem good news: Steem Engine starts work on NFTs