Santiment, a crypto on-chain analytics platform, reported that the MVRV ratio (Market Value to Realized Value) of most altcoin wallets, including BTC, ETH, ADA DOGE, which have been active in the last 30 days, has been showing a recent bearish momentum (negative). A negative MVRV ratio means that investors in these altcoins are currently in the red. However, according to Santiment, historically, smart traders have bought when the MVRV ratio is negative and made big profits. This could be a sign that it is a good time to buy altcoins at a discount. However, it is important to do your own research before investing in any cryptocurrency.

#BTC #ETH #DOGE