It is a massive slide, yes. But apart from the price, we got a lot going on. Much of the top 100 are nowhere near the technical proficiency or community that Steem has. This whole space is built on speculation so I see any other crypto in the same boat really. Plus the fall from grace was due to a number of other factors too, mainly the crazy inflation rate we had. And also anlot of negative sentiment based on news about Steemit.
Now things are looking way better so I can't help but feel positive to some degree. But proof, as always, is in the pudding. Again, all we can do is wait and see.