Recent on-chain data suggests that XRP might be overvalued, even after a nearly 10% dip in price over the last two weeks. The NVT (Network Value to Transactions) indicator has surged over 20% in a week, indicating a growing divergence between XRP's market value and its fundamental utility. This raises the question of whether further depreciation is on the horizon for holders. 📉 Do you agree with this analysis?
#NVT RATIO
#XRP #XRP NEWS #Binance