Shib, Doge, BTC Among Most Undervalued Crypto? BNB Remains Overvalued, Analysis Shows
Even though the cryptocurrency industry started out with just Bitcoin [BTC], it is currently home to thousands of assets, including meme coins like Shiba Inu [SHIB]. But which cryptocurrencies are truly undervalued, and which are trading at inflated prices?
New research is pointing towards some surprising conclusions. According to data from crypto intelligence tracker Santiment, Shiba Inu (SHIB) and Uniswap (UNI) are notable large market capitalization assets that are currently undervalued. Furthermore, Santiment identified nine undervalued crypto assets in terms of short-term and long-term returns in a recent report. Specifically, Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Dogecoin (DOGE), Polygon (MATIC), Shiba Inu (SHIB), Uniswap (UNI), and Chainlink (LINK) fall under the category of undervalued, based on their analysis.
SHIB and DOGE, two of the most popular memecoins, are depicting signs of undervaluation. Recent analysis by Santiment showed that these coins realized significant potential for growth.
But what about overvalued crypto? A tweet posted by blockchain intelligence firm Santiment citing the MVRV Z-score, indicates that Binance coin (BNB) is the only overvalued crypto amongst tokens with a large market capitalization. This suggests that while many cryptocurrencies are currently trading below their intrinsic value, BNB might be priced higher than its fundamentals suggest.
While some speculate on undervalued cryptocurrencies for 2025 including Solaxy, BTC Bull Token, Mind of Pepe, Best Wallet Token, SUBBD, Harry Hippo, and The Last Dwarfs, data-driven analysis indicates that SHIB, DOGE, BTC, Ethereum [ETH], XRP, Cardano [ADA], Polygon [MATIC], Uniswap [UNI], and Chainlink [LINK] are currently presenting the most compelling opportunities. Always conduct your own thorough research before making any investment decisions.