ADA is very undervalued due to high selling pressure.
Reversal could be possible after the exhaustion of sellers.
The whole crypto industry is battling low trading volumes.
The whole crypto industry is facing the consequences of the ongoing crypto winter, Terra ecosystem collapse, and FTX saga, which caused a drought-like situation in volumes. Minimum investing and trading players are on the field right now, which is not good for the industry. Every coin and every token suffers from the same problem; let us consider Cardano ADA, for example, as it is in a very complicated state in the cryptocurrency market.
JUST IN: Cardano Could Be Extremely Undervalued, According to Santiment.$ADA #CardanoCommunity
— TapTools (@TapTools) December 28, 2022
ADA failed to gain any traction from institutional investors in the last two years, and no positive signs are visible on the horizon. Two years worth of selling Cardano has made it criminally underrated compared to its peers, such as Ether
We współpracy z: https://www.thecoinrepublic.com/2022/12/29/cardano-ada-awfully-underrated-santiment/
