@oge075·Jul 30

📈 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.

✔️ The list of the most profitable and therefore overvalued virtual currencies for ordinary traders includes: Toncoin (TON), Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE).

❌ 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).