Cardano (ADA) being considered cheap or not is subjective and can depend on various factors such as market conditions, project developments, investor sentiment, and overall adoption. However, one reason why ADA may be perceived as "cheap" by some investors could be due to the fact that its price is lower compared to other cryptocurrencies with larger market capitalizations. Additionally, ADA's price could be influenced by market fluctuations, trading volume, and competition within the crypto space. It is always recommended to conduct thorough research and consider multiple factors before making any investment decisions.
