Since Rai is comparable to IOTA in tech, I don't see why the investors who put a 12B market cap on IOTA wouldn't see Rai as being undervalued sitting at 3B.
At best Rai surpasses IOTA. At worst Rai matches IOTA market cap, but who thinks it should be sitting at 3B when IOTA's at 12B?!
It doesn't make sense. This is an undervalued asset as long as market exposure is there. Binance is a start.
Sorry but this is just the wrong thinking. First: IOTA and RaiBlocks are basically completely different in their purposes. I would not even compare them.
Second: Have you had a look at IOTA's Foundation and the team? The partnerships it has? Its real life adoption (which also is still at the beginning of course)?
Then have a look at XRB and compare it to that above.