Steemit is Social Media Platform which is growing rapidly nowadays with lots of users as everyone gets paid while creating and curating a content.
While the rewards are distributed among the blogger and curators acoordingly as a daily reward and those rewards are worth usd$ whereas you can easily notice about the decentralized community that the value of steem dollars are decreasing day by day and the following chart shows the major decrements.
But steem dollar is not only the crypto currency having its value deducted..