Why Charles Hoskinson believes Cardano isn’t ‘dead’ despite ADA’s price fall

Cardano Cofounder Charles Hoskinson refutes claims ADA is Dead. Ben Armstrong claimed ADA is dead and investors are getting hit.

cofounder Charles Hoskinson has recently found himself in a heated exchange with crypto analysts. This started off when crypto analyst

The statement has received widespread attention, with various players sharing contrary opinions while others criticizing his analysis of ADA’s prospects. On his official X page, Hoskinson claimed that Armstrong’s stand was flawed and against crypto fundamentals. Ultimately, most investors and ADA holders agreed that crypto has not been created to beg for institutional investment. Crypto aims to decentralize the financial markets, and it belongs to the people.Notably, AMBCypto’s analysis showed ADA was experiencing a strong bearish trend. The MACD line crossed below the signal line as well, which was strong confirmation of a bearish trend.

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