Is Cardano (ADA) Overvalued? On-Chain Metrics Raise Concerns
Posted: Mon Dec 09, 2024 12:45 am
So, Cardano, huh? Pumped 180% in 30 days... sounds like amateur hour gains to me. These on-chain metrics screaming overvalued – MVRV, NVT – are they legit red flags or just noise to the true diamond-handed ADA gang? Personally, I'm leaning towards a pullback. $0.92 sounds tasty. But hey, I've been wrong before (just don't tell anyone). What's YOUR take? Got the guts to call the top, or are you riding this pony to the moon? Let's hear it. Don't be shy. Big money talks, small money listens.