Shiba Inu Jumps 7%—But Overvaluation Hints a Pullback Could Be Next

Shiba Inu’s price has risen by 7% in the last 24 hours, breaking free from a multi-month downtrend that caused significant losses for investors. While this rally brings optimism, it may not be sustainable due to an important development that could affect the asset’s price trajectory. Shiba Inu Could Face a Reversal The Network Value to Transaction (NVT) ratio for Shiba Inu has recently reached an 11-month high. This increase suggests that the network’s valuation is surpassing its transaction activity, a sign that the asset is becoming overvalued source: https://beincrypto.com/shib-overvaluation-could-undo-shiba-inu-escape/