All cryptos took a big hit, so it's not like little old Steem smells bad.
Unlike many coin platforms, I can't see Steem suffering from massive sell off"s due to everyone's vested interest in acquiring more and more Steem for reward proceeds.
To give up on Steem means you're quitting blogging on Steemit.
The price will rise again. $100? Would be nice if it came true...