I would also submit that Steem is a little more stable-- price wise-- because it's more of a "utility coin." We don't *see" Steem gaining 300% this week and then losing 98% of the gains next week and endless up and down. This is one of the few coins that has some underlying "fundamentals" to back the currency.

Is it undervalued? Sure, compared to many of the shitcoins out there, especially.