XRP Mildly Undervalued On MVRV: What About Bitcoin, Ethereum?

XRP is in a mild undervalued zone according to the 30-day MVRV Ratio. Here’s how other cryptocurrencies like Bitcoin and Ethereum compare.
XRP 30-Day MVRV Ratio Shows Negative Returns
In a new post on X, on-chain analytics firm Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio is currently looking for the different top coins in the cryptocurrency sector like Bitcoin and XRP.The “MVRV Ratio” is a popular indicator that keeps track of the ratio