Its really an interesting experiment, 'underappreciated' still does not capture the magnitude of the impact it can have on the Steem ecosystem. I enjoy trading it on HitBTC and whenever an opportunity present itself on Bittrex. Its a toolkit of the Steem platform that has not really been used to for these very benefits, I believe also the problem really, is the fact that most people hold large amount of Steem and would rather see Steem rise but Steem itself has so much sellers it would take someone of deep pockets to move the price up and maintain it there. Also make sense if the large holders of Steem give the token some time to rise, probably it can work out.
Lets hope SBD offers some opportunity soon on HitBTC, lets see if it can break the 0.02 all-time high or get even close to it. I suspect once it starts moving again, I expect the speculators to to run with it