Introduction

On July 5, 2024, Santiment, a leading crypto market intelligence platform, released an insightful post on the social media platform X. This post highlighted the 30-day Market Value to Realized Value (MVRV) ratios for several major cryptocurrencies, including $ADA, $DOGE, $XRP, $BTC, $ETH, and $TON. For those navigating the volatile world of cryptocurrencies, understanding these ratios can be crucial for making informed investment decisions.&middot

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