Crypto analytics firm Santiment warns that the native token of the Bored Ape Yacht Club non-fungible token (NFT) ecosystem, ApeCoin (APE), stands a high chance of retracing after a modest rally. Santiment says that ApeCoin’s market-value-to-realized-value (MVRV) ratio sits at 15.981%, suggesting that it is relatively overvalued. According to the crypto analytics platform, the MVRV […]

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The post Analytics Firm Names Two ‘Still Undervalued’ Crypto Assets, Warns One Explosive Altcoin Facing High Risk of Pullback appeared first on The Daily Hodl.
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