I'm sorry to say it, but this coin will evaporate.
Someone is trying to keep it above 400 sats now (IOHK people?) - but more than 700k BTC on sell side and almost nothing on buy side tells it all.
FYI, ADA's ICO was 0.0002 USD in Japan by IOHK and they tried their best to keep it a secret before the overpriced listing on Bittrex.
Whatever tech merits ADA might have, there is no doubt that IOHK is a malicious actor in the crypto space.
RE: Cardano ADA is it a good coin?