đ„ According to CryptoIntelligence: $DOGE , $SHIB and $PEPE Lead the Bullish Charge
AMBCryptoâs examination of on-chain data from Santiment revealed intriguing trends regarding the potential for further price increases.
For SHIB, indicators of rising buying pressure were observed, as demonstrated by a decrease in Supply on Exchanges and an increase in Supply Outside of Exchanges.
Despite PEPEâs significant price appreciation, it encountered high selling pressure, marked by an increased Supply on Exchanges and a decreased Supply Outside of Exchanges.
However, interest from large investors appeared to rebound, with the coinâs supply held by top addresses seeing growth after a brief decline.
DOGEâs prospects appeared particularly bright, evidenced by an improvement in its Market Value to Realized Value (MVRV) ratio to 5.11%, suggesting the potential for a continued upward movement.
Furthermore, a significant drop in its Network Value to Transactions (NVT) Ratio indicated the coin might be undervalued, hinting at further price advancements in the near future.
