Santiment named cryptocurrencies worth buying in August

Experts have compiled a list of 10 digital assets by calculating the MVRV Z-Score index, which means the difference between the formal and realized capitalization level of a digital asset. The higher the index, the more overvalued the coin, and, conversely, the lower it is, the more the cryptocurrency is undervalued.

The list of the most profitable for ordinary traders and therefore overvalued virtual currencies includes:

Toncoin (TON);
Bitcoin (BTC);
Ethereum (ETH);
Dogecoin (DOGE).
And the list of the least profitable and therefore low-risk included:
Uniswap (UNI);
Shiba Inu (SHIB);
Polygon (MATIC);
Chainlink (LINK);
Cardano (ADA);
XRP (XRP).
MVRV Z-Score index of different cryptocurrencies
The logic of Santiment employees is that buying undervalued cryptocurrencies will bring more profit than buying overvalued assets, because sooner or later the rate of outsiders will start to pump, and the price of favorites, on the contrary, will decrease or increase slightly. Accordingly, Santiment experts advise investing in the least profitable virtual currencies.