well it's a totally unique market on top of that.

1) high minimum amount of crypto required to buy - large amount of small buyers cut out

2) only traded against nxt - excludes many who don't want use nxt/don't know how + makes it difficult to trade from any other alt to nem.

3) nxt isn't traded on any high volume trusted exchanges - further restrictions

4) traded in tenths so even those with a large amount still have left over nxt that would otherwise have been used to buy nem.

5) as nem rises in value so does the minimum buy in - amount of left over nxt grows exponentially as nem rises in value

Conclusion:

Nem is undervalued by total amount of nxt  + btc + alts + fiat that can't make It into nem due to restrictions mentioned above. And the amount not in nem will only grow as time passes as the minimum buy in rises.

 I'm not even counting the the lack of nxt/nem<>fiat pairs.

Nem is severely undervalued imo and the higher the market cap goes, the more undervalued it becomes.

Once nem hits major exchanges first week of launch, 90% of the restrictions will be lifted and Nem will correct the undervaluation. Combine that with the confidence gained due to it fully launching + if any major features are released.

I'm seeing multiple lunar landings in a row after all this plays out.

I can't f*%king wait lol