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Steem will almost certainly reach the $7USD mark, it is more a matter of if than when. The overall crypto market is still down substantially from December's high, but Steem has held strong in this bull market and there are many promising projects in the works.
The first SMT's are in the works, Projects like musing.io utopian.io and zappl are just a few of the plethora of projects currently in the works.
I think what is holding Steem back is the lack of exchanges it is currently listed on. Along with the SBD pairing, if more exchanges start picking up those two tokens, I think you would see a generous rise in price just because of traders.
The future is bright with Steem, $7 is a very low expectation to set