Santiment: MVRV Ratio Shows Some Mainstream Tokens Have Entered Undervalued Territory

BlockBeats News, January 26th, cryptocurrency market analysis firm Santiment posted on social media that if a certain cryptocurrency's MVRV ratio is negative, most ordinary traders are at a loss on that token, indicating a buying opportunity as profits are below the normal "zero-sum game" level. The more negative the yield, the lower the current buying risk for investors.

The current mainstream tokens' MVRV ratios are as follows: ChainLink -9.5%, Cardano -7.9%, Ethereum -7.6%, XRP -5.7%, Bitcoin -3.7%, all in the undervalued zone.

Note: MVRV stands for Market Value to Realized Value Ratio, commonly translated into Chinese as Market Value to Realized Value Ratio. This index usually reflects whether the average holder of this coin is making a profit or a loss, and whether the overall market valuation is high or low.