Hi,
I have never known about REM before. Because of your introduction, I see its current market price and I find it's just equal to 1/2 of its peak. You said that "REM coin is recently formed ICO with successful fund raising over 14 million dollars" but REM's capitalization is around $10 million at the moment. Well, is it undervalued? However, this information will doubtless be much scrutinized, but there is one immediately dependable conclusion for it. This is technical analysis. I will place REM in my watch list and consider all of its relating information. Thank you
Yes REMME's market cap is reduced as the continuous development was going on and most of the funds went for the development.
As far as I know, REMME has taken giant leaps recently and partnered with some most well known crypto giants and entities who seek the security protocol that is made by the REMME itself.
If you go through the REMME whitepaper then you will come to know the level of high security and algorithm behind is solid proof of REM's success.
So I will always recommend everyone to get involved into it and be profitable investors.