Derived from CryptoDnes, Santiment's latest MVRV data reveals that most major cryptocurrencies remain in the red over the past 30 days, with Cardano (ADA) and Chainlink (LINK) showing the steepest short-term discounts. Average wallet returns for ADA and LINK are -19.2% and -13%, respectively, indicating extreme undervaluation. Bitcoin (BTC) and Ethereum (ETH) each show declines of around 6%, while XRP is down nearly 5%. Despite a brief early-week rally, most networks remain underwater, suggesting ongoing market uncertainty.
Santiment Data Shows Major Cryptos Trading Below Historical Value
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