Hi
I think it the price is undervalued from a currency percpective but overvalued as a platform, steemit team hold 49% and does not devlop anything more than a bad loocking plateform, the ecosystem could be a rainforest but looks like a desert. Steem price will go up when some three will be able to grow but imho it will be stable for a long time
RE: New to STEEM, Wondering If It's Undervalued In Market Price