Yeah, I totally agree with your assessment. Definitely is going to be interesting to see how the value holds. Another big component of that is going to be the automated market maker piece of the white paper that we didn't really get into, but basically the token creator sets up an escrow type fund that is used to give the SMT liquidity to the Steem market so that helps create the initial value of the token and sustain it in bigger use cases.

You can imagine a token launched by a major company with a well funded automated market maker fund establishing and maintaining it's value much better than a completely new token with very little funding to get started.

I think it would also help if the Steem token was more divisible which would allow for sub penny and beyond values for tokens, much like how a lot altcoins are only worth a few satoshi's. It's easier to imagine a lot of SMTs being worth 1/1000th of a penny then it is to imagine them all being worth at least 1/10 of a penny.

Also, I think it's much better to just keep it to the Steem Sisters, they're a lot easier on the eyes and more fun to watch! :)