Steem is still very undervalued based on my opinion. I had been monitoring the traffic ranking of Steemit.com and it has been rising since I started monitoring a month ago. Last month Steemit.com is ranked 2000ish. As of this post Steemit.com is ranked 1487 in terms of global ranking.
I see a very bright future of Steemit and encourage my friends to join and power up. If you have some spare cash, buy some steem and power up. You will be happier in the long run.