I'm trying to understand the concept of NVT ratio. Could someone explain what it is and possibly provide some context or examples for better understanding?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Margherita
    Tue Nov 05 2024
   
  
    Network Value to Transaction (NVT) serves as an indicator to assess the valuation of cryptocurrencies.
  
  
 
            
            
  
    
    emma_grayson_journalist
    Tue Nov 05 2024
   
  
    Increased network usage generally implies higher demand for the cryptocurrency, which can positively influence its price.
  
  
 
            
            
  
    
    lucas_clark_artist
    Tue Nov 05 2024
   
  
    BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of traders and investors. These include spot trading, futures trading, and a wallet service.
  
  
 
            
            
  
    
    Giulia
    Tue Nov 05 2024
   
  
    This metric is derived by dividing the market capitalization of a cryptocurrency by its transferred volume.
  
  
 
            
            
  
    
    ZenMindful
    Tue Nov 05 2024
   
  
    By analyzing this ratio, investors can gain insights into whether a coin is potentially overvalued or undervalued.