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XRP and DOGE Show Signs of Undervaluation in MVRV Analysis

Santiment's MVRV data suggests both XRP and DOGE may be undervalued based on recent trading patterns.

Santiment's MVRV data suggests both XRP and DOGE may be undervalued based on recent trading patterns. XRP (XRP) is trading at ₹132 ($1.39), up 0.7% since this brief published. This is an original Token Times brief based on reporting by CryptoPotato, with live market data added, as of Wed, 21 Oct 2026 20:15:01 UTC.

Why it matters

This analysis could influence investor sentiment and trading behavior for XRP and DOGE, as it indicates potential buying opportunities despite recent market performance.

Key takeaways
  • XRP and DOGE show negative MVRV, suggesting recent buyers are at a loss.
  • XRP price at $1.38, up 4.51% in 24 hours; DOGE at $0.082777, up 1.95%.
  • Market cap: XRP $87.3B, DOGE $12.95B amid broader market gains.
The story so far · 2 briefs
  1. XRP, SOL, and DOGE Show Signs of Recovery Amidst Mixed Market Sentiment
  2. XRP and DOGE Show Signs of Undervaluation in MVRV Analysis — this brief

Santiment's MVRV (Market Value to Realized Value) data indicates that XRP and DOGE may be undervalued, as both assets show negative MVRV values. This suggests that recent buyers of these cryptocurrencies are currently at a loss, which could imply a buying opportunity.

XRP is currently priced at $1.38, representing a 24-hour increase of 4.51% and a 7-day gain of 4.53%. Its market cap stands at $87.3 billion. Meanwhile, DOGE is trading at $0.082777, up 1.95% in the last 24 hours and 1.18% over the past week, with a market cap of $12.95 billion.

The broader cryptocurrency market is experiencing gains, with the total market cap at $2.89 trillion. Bitcoin has risen by 2.11% in the last 24 hours, and the Fear & Greed Index is at 63, indicating a state of 'Greed' among investors.

The MVRV metric is often used to assess whether an asset is overbought or oversold. A negative MVRV suggests that the current market price is lower than the average price at which coins were purchased, potentially indicating an undervalued asset.

While the data suggests a potential buying opportunity, it remains to be seen if traders will respond by increasing their positions in XRP and DOGE. Market sentiment and broader macroeconomic factors will also play a role in determining future price movements.

Market reaction since this brief Live

Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹131.09$1.38 to ₹132.04$1.39 — +0.72%.

$1.38$1.38$1.38$1.39$1.39 published · $1.38 now · $1.39 (+0.72%) Oct 21 18:53 UTC Oct 21 20:15 UTC
BeforeSince publishPublished · ₹131.09$1.38
CoinAt publishNowSince publish
XRP₹131.09$1.38₹132.04$1.39+0.72%
DOGE₹7.86$0.0828₹7.88$0.0829+0.19%

The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹144.46 (about $1.39), up 4.5% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

XRP
#5
₹132.04$1.39 ▲ 4.52%
+0.72% since this brief published
7d +4.81%MCap ₹8.33TFull XRP data →
#12
₹7.88$0.0829 ▲ 1.65%
+0.19% since this brief published
7d +1.28%MCap ₹1.23TFull DOGE data →
The market when this published · October 21, 2026
Total market cap₹274.13T
Bitcoin 24h+2.11%
Ethereum 24h+2.22%
BTC dominance58.7%
Fear & Greed63 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 21, 2026.

Bitcoin network hashrate1053 EH/sdifficulty 140.6Tmempool.space ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

XRP and DOGE Show Signs of Undervaluation in MVRV Analysis — questions & answers

What does a negative MVRV indicate for XRP and DOGE?

A negative MVRV suggests recent buyers are at a loss, indicating potential undervaluation.

How are XRP and DOGE performing in the current market?

XRP is up 4.51% in 24 hours; DOGE is up 1.95%, with both seeing weekly gains.

What is the significance of MVRV analysis?

MVRV helps identify whether an asset is overbought or oversold, guiding investment decisions.

How much is 1 XRP worth in rupee today?

About ₹144.46 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.39. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.

Has XRP's price moved since this brief was published?

XRP is up 0.72% since this brief first published — trading at ₹132 ($1.39) now versus ₹131 ($1.38) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 21, 2026 ⛓ Timestamped at Bitcoin block #972,518 sha256:f4c1c83bcaba683c
Based on reporting by CryptoPotato — this is an original Token Times summary with live market data, not the original article.CryptoPotato · Oct 21 18:53 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.