AUCTION, LINA & SRM Identified As Undervalued: Analytics Firm

• Data from Santiment indicated that tokens like AUCTION, LINA, and SRM are extremely undervalued.
• The majority of assets have been unsuccessful in their recovery efforts following the cryptocurrency market crash that occurred on 17 August.
• Over the past 24 hours, AUCTION, LINA, and SRM saw their prices increase.

On-chain analytics platform Santiment shared that cryptocurrency tokens like Bounce Token (AUCTION), Linear Finance (LINA), and Serum (SRM) are extremely undervalued in one of their latest Twitter posts. This is the case despite these tokens’ attempts to find their bearings after the market crash.

#Altcoins have at least settled down on their bleeding, but the recovery attempts of most assets have fallen flat since the #crypto market tank from August 17th. Among assets that have become particularly undervalued, according to our model, are #AUCTION, $LINA, and $SRM. pic.twitter.com/mRE69HPPwt

— Santiment (@santimentfeed) August 26, 2023

Santiment also pointed out that although the downward trend of altcoins has somewhat stabilized, the majority of assets have been unsuccessful in their recovery efforts following the cryptocurrency market crash th…

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