$AUDIO would only rally if its issuer, AUDIUS music platflorm, is able to expand its audience and get a sizable market share in the music streaming landscape.
People is delusional to expect it to reach its ATH of ~4.99 (2020).
A TOKEN might be down for fundamental reasons. Low prices are not necessarily a bargain, as price performance needs more than technical setups to materialize.
In this case, the low revenue from streamings is reflected in the price, as the protocol for the distribution of tokens in the form of rewards and compensation/royalties paid to artists, was definitely not designed to ensure stability nor appretiation of AUDIO.
The tokenomics might be at fault.
It is a pity, since it is the only platform that is said to pay artists in $USDC .