STEEM at 39 and @ned cashing out. Time to worry?

Hi,
So Steem used to sit around 30 to 32. Its now at 39.

Siacoin, Maker, Augur have higher marker caps.

Oh and @Ned is cashing out with no explanation why?
If @ned cashed all the way out, would that benefit Steem?
I don't really have a lot of faith in this baby faced CEO. So many promises and nothing to really show for it.
Still in Beta for how many years?
I feel stupid for investing $5k into this.