SBD will go down in price. It will just take time. The blockchain should be putting extra SBD out to people for rewards to try to lower the price. It is supply and demand though. There is not a lot of SBD supply, but there is a ton of demand. This has caused the price to skyrocket.

There is a bunch of demand for Steem right now, as you saw by the pump, but there is WAY more steem than SBD. Which is why Steem did not climb even close to as high as SBD did.