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7 signs that a cryptocurrency is already too expensive in the markets

Bitcoin

Low degree of user adoption

El ratio MVRV (Market-Value-to-Realized-Value)

A bitcoin artwork by Stacey Coon, Anastasia Sultzer and Nanu Berk at the Bitcoin 2021 convention.

Liquidity less than 5% of market capitalization

Non-existent innovation and development

Mayer’s Multiple

Focus on SOPR (Spent Output Profit Ratio) values

Excessively inflationary protocols

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