Shiba Inu (SHIB), the biggest competitor of Dogecoin and the second largest memecoin in the market, has experienced a turbulent price movement over the past few months, continuing to unsettle its investors.

柴犬（SHIB）是狗狗幣的最大競爭對手，也是市場上第二大迷因幣，在過去幾個月中經歷了動盪的價格走勢，繼續令投資者感到不安。

SHIB made an incredible price movement towards the end of 2021, making many of its investors rich, and then settled down and started to decline. Since then, this sharp decline has sparked debates among analysts about its true value.

SHIB 在 2021 年底出現了令人難以置信的價格走勢，使其許多投資者變得富有，然後穩定下來並開始下跌。從那時起，這種急劇下跌引發了分析師對其真實價值的爭論。

The Future of Shiba Inu

柴犬的未來

There is still uncertainty about the price of SHIB. While some analysts argue that SHIB is undervalued, others believe that SHIB is nothing more than an overhyped cryptocurrency.

SHIB的價格仍有不確定性。雖然一些分析師認為 SHIB 被低估，但另一些分析師則認為 SHIB 只不過是一種被過度炒作的加密貨幣。

However, recently emerged data provided an opportunity for analysts to shed light on the potential value of SHIB and the points it could reach in the future.

然而，最近出現的數據為分析師提供了一個機會來揭示 SHIB 的潛在價值及其未來可能達到的目標。

One of the indicators supporting the view that SHIB’s price is low is the NVT ratio shared by IntoTheBlock. The NVT ratio is the comparison of a blockchain’s native token market value to its total transaction value over a certain period. Currently, when SHIB’s NVT ratio is calculated, it appears to have dropped from its highest level in the past year, which was 788.59, to 172.

支持SHIB價格較低觀點的指標之一是IntoTheBlock分享的NVT比率。 NVT比率是區塊鏈原生代幣市場價值與其在一定時期內總交易價值的比較。目前，以SHIB的NVT比率計算，該比率似乎已從去年的最高水準788.59下降至172。

Considering this situation, it can be thought that SHIB’s value may be lower compared to other cryptocurrencies. Because the amount of value transacted on the blockchain is considered relatively low compared to its market value.

考慮到這種情況，可以認為與其他加密貨幣相比，SHIB 的價值可能較低。因為與市場價值相比，區塊鏈上交易的價值被認為相對較低。

SHIB Price Analysis

SHIB價格分析

Another indicator supporting the view that SHIB’s value is low is the MVRV ratio. Speaking of what the MVRV ratio is, it can be described as the evaluation of a cryptocurrency’s market value against its realized value.

支持SHIB價值較低觀點的另一個指標是MVRV比率。說到什麼是MVRV比率，它可以被描述為對加密貨幣的市場價值與其實現價值的評估。

When SHIB’s MVRV ratio is examined, it has a ratio of 0.34. This ratio appears significantly lower compared to the past. Based on this, it would not be wrong to say that a large number of SHIB investors are currently at a loss. This strengthens the view that SHIB may have experienced excessive selling and may indicate a potential buying opportunity for investors.

當檢查 SHIB 的 MVRV 比率時，其比率為 0.34。與過去相比，這一比例顯得明顯較低。據此，可以說目前大量SHIB投資者處於虧損狀態。這強化了SHIB可能經歷了過度拋售的觀點，並可能為投資者帶來潛在的買入機會。

Finally, it is important to be cautious when considering the value and potential of a cryptocurrency. Investors should avoid relying solely on technical indicators. SHIB, which is relatively still new in the crypto world and does not have a deep-rooted history unlike other cryptocurrencies, can be considered to have a higher risk ratio compared to its competitors.

最後，在考慮加密貨幣的價值和潛力時務必謹慎。投資者應避免僅依賴技術指標。 SHIB 在加密世界中相對較新，與其他加密貨幣不同，它沒有根深蒂固的歷史，與競爭對手相比，可以被認為具有更高的風險比率。

繼續閱讀：https://en.coin-turk.com/is-it-time-to-buy-shiba-inu-dogecoins-biggest-rival-experts-explain-the-price-of-the-altcoin-could -遠低於預期/