Where exactly do you calculate Steem's value from to consider it undervalued right now? Steem needs to start showing a path towards ads and monetizing the attention economy its focusing on and then it will have actual value that makes sense.
If there are no ad features in the upcoming roadmap there isn't much to rally hype around.
every lousy cryptocurrency out there are 50 cents or more , thats unbelliveable for me
Actually only 19 coins are currently valued at 50 cents or more on Poloniex right now. It's actually quite rare for a cryptocurrency to be worth much. Hype is not a sustainable source of value. We need ads for value.