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CoinOtag 2024-06-29 16:52:37

Shiba Inu (SHIB) Poised for Massive Rebound as On-Chain Data Shows Undervaluation

Shiba Inu (SHIB), a popular dog-themed cryptocurrency, emerges as a potential candidate for a price rebound according to recent on-chain data. An on-chain analytics firm, Santiment, highlights SHIB as significantly undervalued among large-cap assets. The asset’s undervaluation is indicated by the MVRV Z-Score, a metric assessing whether a cryptocurrency is overvalued or undervalued based on

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