auctions show counter in the loop

add_action( 'woocommerce_after_shop_loop_item_title','wpgenie_show_counter_in_loop',50 );

function wpgenie_show_counter_in_loop() {
    global $product;

    $time = '';

    if ( ! isset( $product ) ) {
        return;
    }
    if ( 'auction' !== $product->get_type() ) {
        return;
    }

    $timetext = esc_html__( 'Time left', 'wc_simple_auctions' );

    if ( ! $product->is_started() ) {
        $timetext     = esc_html__( 'Starting in', 'wc_simple_auctions' );
        $counter_time = $product->get_seconds_to_auction();
    } else {
        $counter_time = $product->get_seconds_remaining();
    }
    $future_class = ( $product->is_closed() === false ) && ( $product->is_started() === false ) ? 'future' : '';

    $time = '<span class="time-left ">' . $timetext . '</span>
    <div class="auction-time-countdown ' . $future_class . '"
    data-time="' . esc_attr( $counter_time ) . '"
    data-auctionid="' . intval( $product->get_id() ) . '" data-format="' . esc_attr( get_option( 'simple_auctions_countdown_format' ) ) . '"></div>';

    if ( $product->is_closed() ) {
        $time = '<span class="has-finished">' . __( 'Auction finished', 'wc_simple_auctions' ) . '</span>';
    }

    echo $time;
}