I'm inclined to think this will end in another chain being created.

The Koreans are left with their chain to milk. It will be up to investors (=altcoin speculators) to decide how much that chain will be worth. Given enough time, that chain might get migrated to Tron but not many people will be on board.

The new chain with Steemit, Inc's stake cut out, will better adhere to the values of the blockchain movement. That chain will have all the apps backing it, except for maybe Steemhunt. It will survive as running the infrastucture is not that expensive. (For details: check this post out: https://steemit.com/steem/@aggroed/steem-is-dead-or-is-it) The price will depend on exchange relations. It will not be listed on Poloniex as long as Sun owns it. Huobi Global? Why not? Binance. Doubtful. KuCoin? Yes. Bittrex? Sure.