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When I first learned of STEEM it had a Market Cap of $214,000,000 which placed it just below Ripple and just above Litecoin. It's recently dropped below Litecoin. In the last 24 hours the value has dropped 9.10%. Source: http://coincap.io/ But there was a huge influx of value recently so is it drowning or is it equalizing?

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STEEM 0.04
TRX 0.32
JST 0.083
BTC 62762.14
ETH 1674.04
USDT 1.00
SBD 0.42