On-chain metrics identify crypto tokens as undervalued and overvalued based on trader returns. Santiment’s
Z-Score reveals Bitcoin, Ethereum and Toncoin are overvalued, Uniswap and Shiba Inu are undervalued. UNI, SHIB prices dropped 9% and 4% this week. Data from crypto intelligence tracker Santiment shows that Uniswap and Shiba Inu are the most notable large market capitalization assets that are currently undervalued. The data also shows that Bitcoin , Ethereum and Toncoin are overvalued.
is high, the asset is overvalued, when it is relatively low, it is undervalued, and the territory is marked accordingly in the Santiment chart below. ratio for UNI, SHIB, BTC, ETH, TON UNI and SHIB have noted a 9% and 4% decline in their prices in the past week. UNI trades at $8.985 on Saturday while SHIB is changing hands at $0.00001714. The two assets are likely to recover based on the on-chain metric. BTC, ETH and TON are trading at $61,076, $3,402 and $7.585 respectively.