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RE: I can see Steem at 10 dollars, 15 dollars and 25 dollars...Lets talk about it
The thing is Steem just keeps being produced there is no cap there will be a point at some time where the demand is far to little for the supply amount it is what happens when you just keep printing it. However the print is regulated and somewhat slowish I believe 100%
Market volumes are very low across the board they have been for months and this is because no cryptocurrency has yet found a real purpose its rarely used for transactions.
Probably has some merits, I am not to sure you can say there is no volume, some coins have regular turnover of 1 billion USD... When Steem on the Korean traders on board, steem was touching 200-300 USD million trading volume but that died off, anything close to circulating supply would be good metrics