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Santiment Shared Latest Data About Bitcoin, ETH, SHIB and These Altcoins!
The uncertain process continues in the cryptocurrency industry. Although the leading cryptocurrency #Bitcoin (BTC) seems to have managed to hold on to the $60,000 support, it has still not been able to achieve the sharp rises that investors expected.
Santiment, a successful research company, recently shared a new report on many crypto assets. Experts who examined #Bitcoin , $ETH , $SHIB , $UNI and #TON gave the following information:
“According to the MVRV Z-Score, which determines overvalued and undervalued assets in line with average investor returns, the upper limits are in the following categories:
Overbought: Toncoin, Bitcoin, Ethereum
Low buy: Uniswap, Shiba Inu”
As of now, while there is intense interest in BTC, ETH and TON among crypto investors, the interest in UNI and SHIB seems to have decreased significantly.
Santiment experts, who also examined crypto assets such as XRP, ADA, DOGE and MATIC, stated that these products did not reflect a difference in MVRV Z-Score metrics.
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