Shiba Inu (SHIB) could be candidate for price rally if metric is validated
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📊 According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader returns, top caps are in the following categories:The MVRV indicator compares the market value and the realized value of a crypto asset. A high MVRV Z-Score indicates that the market value is significantly higher than the realized value, implying probable overvaluation.
As the crypto community awaits further developments, the question remains: will Shiba Inu's undervaluation trigger a massive market reversal? this answer remains yet unknown.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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