CandleFocus Hoskinson: “I Didn’t Sell My ADA” – Cardano Price Struggles Continue
2024-10-14
Author: Content Editor
Cardano founder Charles Hoskinson has denied rumors that he sold 1 billion ADA tokens during the previous cryptocurrency bull market. The speculation arose after a user claimed Hoskinson cashed out at ADA's peak price. Hoskinson dismissed the rumors, stating that people often lie on the internet. Additionally, some investors have expressed frustration with Cardano's decline in 2024, with one user selling their ADA holdings. Despite recent struggles, ADA has shown positive long-term growth, although it has been outperformed by Bitcoin this year. Currently, ADA is trading at $0.3513 against USDT, reflecting a 1.9% decline in the past 24 hours.
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