XRP and DOGE look undervalued on MVRV as recent buyers sit on losses
Santiment's latest MVRV data shows XRP and DOGE standing out because recent buyers are sitting on losses rather than large profits, a pattern some analysts read as undervaluation. The metric compares market value to realized value, so negative readings can signal capitulation or a potential rebound. Traders watching for mean-reversion setups may treat this as a contrarian signal, but it is only an on-chain observation with no confirmed catalyst.