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Yes it would. Although they have a completely different number of coins, so pretty difficult to compare them price wise. Off the top of my head, for steem to have a similar market cap I believe it would be trading around $150 or so... but I'd have to check the numbers to be sure.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.027
BTC 59944.92
ETH 2307.28
USDT 1.00
SBD 2.48