BTC, LTC, ETH, DASH and other cryptos have minted lots of multimillionaires and at least one billionaire (i.e. Winklevoss twins). BTC being close to its peak (at least for now), struggling with fees and speed, ETH's cryptokitties scandal (e.g. network jam) may inspire some of big investors (BTC, ETH, DASH and LTC hodlers) to find next coin that has potential to grow 20 to 100 times. Recent price rise of STEEM may be due to these reasons. Some of early dogs of cryptos may have found or will find STEEM's potentials: highest transactions per minutes, Proof of Brain is better than energy wasting PoW, Communities/SMT etc. STEEM will lunch its Apollo 11 for moon soon!