I think AEON's progress is very satisfying, stable and steadily up, this makes me dare to invest AEON because the current price is still cheap and hope next year the price could reach $ 10.
In between AEON and IOTA as undervalued, who you would think be the first one to skyrocket to the moon? 
This question should be in speculation. Aeon and IOTA are two completely different technologies. I also believe that the market is always correct. They are not undervalued they are both exactly where they should be given their development and utility.