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The Daily Hodl
2023-01-20 10:15:47

Analytics Firm Names Two ‘Still Undervalued’ Crypto Assets, Warns One Explosive Altcoin Facing High Risk of Pullback

Analytics Firm Names Two ‘Still Undervalued’ Crypto Assets, Warns One Explosive Altcoin Facing High Risk of Pullback

Crypto analytics firm Santiment warns that the native token of the Bored Ape Yacht Club non-fungible token (NFT) ecosystem, ApeCoin (APE), stands a high chance of retracing after a modest rally. Santiment says that ApeCoin’s market-value-to-realized-value (MVRV) ratio sits at 15.981%, suggesting that it is relatively overvalued. According to the crypto analytics platform, the MVRV The post Analytics Firm Names Two ‘Still Undervalued’ Crypto Assets, Warns One Explosive Altcoin Facing High Risk of Pullback appeared first on The Daily Hodl .

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