Santiment: “The Most Expensive BNB According To This Indicator, The Cheapest Is Bitcoin, Dogecoin And These 7 Altcoins!”

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Popular on-chain data provider centiment In his post on Twitter, he identified undervalued or overvalued cryptocurrencies in the market.

For this determination, the difference between the intrinsic value of a cryptocurrency and its market price is calculated. MVRV Z-Score used the indicator.

Santiment, in its assessment according to the MVRV Z-Score indicator Binance Coin (BNB) the most expensive cryptocurrency said that.

According to the MVRV Z-Score indicator, the cheapest cryptocurrencies are Bitcoin (BTC,) Ethereum (ETH), Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Uniswap (UNI), and Chainlink (LINK) appeared to be.

According to the MVRV Z-Score indicator, cryptocurrencies with a value above 0 are considered expensive, while cryptos with a value below 0 are considered cheap.

According to the MVRV Z-Score calculation, UNI was the cheapest altcoin with BNB 0.8, the most expensive with -2.30.

Santiment’s evaluation of other cryptocurrencies as cheap or expensive according to their values ​​is as follows:

“Bitcoin is cheap at 0.01, Ethereum is cheap at 0.09, XRP is cheap at -1.14, ADA is cheap at -1.06, DOGE is cheap at -0.16, MATIC is cheap at -0.01, SHIB is -1 It is cheap at .88, UNI is cheap at -2.30, LINK remains cheap at -1.66, BNB is the most expensive crypto with a value of 0.8.”

“According to the MVRV Z-Score, which identifies overvalued and undervalued assets based on short- and long-term returns, the upper limits are in the following categories:

Most Expensive: BNB

Cheapest: BTC, ETH, XRP, ADA, DOGE, SHIB, MATIC, UNI and LINK”

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