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Litecoin Is Undervalued, Onchain Indicator Suggests

Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.

Updated May 22, 2023, 2:23 p.m. Published May 19, 2023, 8:34 a.m.
A Litecoin sticker near the Hotel Europa in Davos, Switzerland. (Nikhilesh De/CoinDesk)
A Litecoin sticker near the Hotel Europa in Davos, Switzerland. (Nikhilesh De/CoinDesk)