š Analysts at Santiment Named Cryptocurrencies Worth Buying in August 2024
The specialists compiled a list of 10 digital assets, calculating the MVRV Z-Score, which signifies the difference between the formal and realized market capitalization levels of a digital asset.
The higher this index, the more overvalued the coin is, and conversely, the lower the index, the more undervalued the cryptocurrency is.
āļø The list of the most profitable and therefore overvalued virtual currencies for ordinary traders includes: Toncoin (TON), Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE).
ā The list of the least profitable and hence low-risk ones includes: Uniswap (UNI), Shiba Inu (SHIB), Polygon (MATIC), Chainlink (LINK), Cardano (ADA), XRP (XRP). 1 reply
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