Top 6 Altcoins That Could Take Off, According to Analyst Firm
On Friday, as digital asset markets experienced an uptick, crypto analytics firm Santiment highlighted altcoins with potential bullish prospects.
The analytics platform evaluates assets using the market value-to-realized-value (MVRV) Z-score, which helps determine if assets are undervalued or overvalued. A low MVRV Z-score suggests an asset is undervalued, whereas a high score indicates it is overvalued.
The realized value measures the price of each asset based on its last movement, aiming to understand how many holders are in profit or loss. Santiment explains that assets causing the most pain to traders historically offer greater potential returns when markets rebound.
According to Santiment, currently undervalued assets with low MVRV Z-scores include Uniswap (UNI) , Shiba Inu (SHIB) , Polygon (MATIC) , Chainlink (LINK) , Cardano (ADA) , and XRP .
READ MORE:
Solana’s Celebrity-Themed Meme Coins Plummet Amid Investor CautionOn the flip side, assets deemed riskier due to high potential gains include Toncoin (TON) , Bitcoin (BTC) , Ethereum (ETH) , and Dogecoin (DOGE) .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto: How Europe Wants to Enforce Its Version of the SEC

Stablecoin : Western Union plans to launch anti-inflation "stable cards"

Mars Morning News | SEC Expected to Issue "Innovation Exemptions" for the Crypto Industry in "About a Month"
The SEC is expected to issue an innovation exemption for the crypto industry. The UK "Digital Assets and Other Property Act" has come into effect. BlackRock's CEO revealed that sovereign wealth funds are buying bitcoin. Bank of America recommends clients allocate to crypto assets. Bitcoin selling pressure is nearing its end. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.

a16z: Inefficient governance and dormant tokens pose a more severe quantum threat to BTC.