I'm on the same page with you, concerning the potential growth of STEEM, as a currency, as a result of SMT implementation. I see and "Ethererum effect", which drove the Ethereum price up as a result of all the ERC-20 tokens issued on that blockchain. Allegedly, because of the application layer and zero fees transactions, in our case the growth can be even bigger.

I still remember when I bought 4 Ether with 40 EUR, almost a year ago.