Why BNB’s escape from danger zone is crucial for long-term investors

ambcrypto.com:

Many altcoins recently enjoyed a spell of upticks, but  Binance Coin [BNB] , which has been around some controversy, hardly joined the party. An assessment of crypto prices in the last seven days showed that the coin’s performance was almost neutral despite rising above $300.

How much are 1,10,100 BNBs worth today ?

But what advantage does this offer holders loyal to the BNB cause? Well, Santiment’s mid-month report  highlighted BNB as one of the few altcoins that were not in an overvalued area.

According to the 16 February market insight, other altcoins like  Compound Finance [COMP]  and  The Sandbox [SAND] were in the same boat as BNB. 

At the time of writing, the Market Value to Realized Value (MVRV) and danger zone divergence showed that BNB was close to being underbought and in an opportunity region. 

Source: Santiment

For the on-chain climate, the MVRV acts as a metric to measure the fair value condition of an asset. Since BNB was around the zone mentioned above, it could present a chance to accumulate more.

Interestingly, it might seem that the crypto community had gotten wind of the coin’s current state. This was because the 24-hour active addresses  increased  to 4924 after a notable decrease on 15 February. 

The active addresses serve as an indicator of daily users on a particular blockchain. Hence, this increase means more participants on the BNB chain over the previous day. However, it was a different tale with social activity. 

At press time, Santiment data revealed that the BNB social dominance was down to 2.079%. The metric measures the hype a project receives per the crypto sector discussion. 

Additionally, it gauged possible market tops and bottoms. But since the BNB price was down 5.24% in