Yes, Steem is really undervalued and many Altcoins are in that list because, there is particular reason behind it and that is Bitcoin and Etherium are the giant coins of the Crypto market and people prefer to use these as liquidity so they sacrifice their Altcoins for the these two Cryptos, means they sell Altcoins and buy these two coins or they just covert it, but in my opinion Steem is really undervalued and as an whole economy Steemit should get more repo and the liquidity of Steem and SBD should increase to greater levels. Thanks for sharing your thoughts and analysis. Wishing you an great day. Stay blessed. 🙂