What is "NVT"?

“Network value to transaction ratio” is a valuation multiple: Market cap / Transaction volume (USD). Uptrend of this multiplier indicates overvaluation of the asset, downtrend indicates undervaluation.

Why is "NVT" important?

The NVT indicator is a tool for detecting bubbles in the cryptocurrency market. NVT ratio is easy to calculate and equally easy to understand even for those without sophisticated financial analysis skills.

Moreover, the NVT ratio can help identify undervalued crypto assets worth investing in.

How is "NVT" calculated?

NVT = Market capitalization / Transaction volume in USD