I never thought we'd see this price range for bitbay again. Especially on the cusp of new GUI release and with rolling peg around the corner. Hard times in the crypto sphere but now is a good entry point imo. I can't see bay being worth 5 cents in the long run.
Well, you have to put things in perspective. Bay was worth 2c around 1.5 years back and 0.2c around 2 years back. So we definitely have come a long way. When you compare Bitbay to its peers, you do get the feeling that it is undervalued. Coins with no real development and which have raised money through ICOs are valued ahead of Bitbay. So I think the price will correct eventually and Bitbay will again be back in the list of top 100 coins.