Cardano Pain Remains High But ADA May Have Bottomed: Santiment
Cardano is showing classic bottom indicators with active wallets down 43% on their investments over the past year, and ADA dropping over 70% since September, said Santiment on Tuesday. However, this extreme negative MVRV value (market value to realized value ratio) is generally an indicator of ADA being in an “opportunity” or “buy zone,” they added. “In a zero-sum game, when average returns are severely negative, thi…
