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I'm comparing to syscoins market cap. Both projects offer practically the same functionality with bitbay having superior scaling potential and more robust pegging (these details one should investigate for themselves)
I would say both projects are undervalued with regard what they offer compared to other coins in the top 20.
Both projects are worth a 5m min cap in my estimation.

This is meant as a tip of interest only to draw attention to over looked currencies that I think have a good probability of bringing returns.

If other people have tips for other currencies please add them. This is not meant to be a pump thread for one particular currency.

I understand that. I'm interested in a method to form valuations of coins. What metrics are the best to look at? I think everyone can agree that market cap is basically meaningless without some other measurable, I'm thinking something like hashing power or blockchain security. Am I missing something?