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Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress

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  • Cardano falls 0.11% to $0.2696 as open interest drops 3.02% to $421 million and volume collapses 29.83% amid post-crash consolidation.
  • Charles Hoskinson reveals over $3 billion in unrealized losses during the downturn, emphasizing long-term commitment to building decentralized systems over short-term price movements.
  • Recovery requires reclaiming $0.3076, while a close below $0.26 opens downside toward the $0.23 crash low.

Cardano price today trades near $0.2696 after consolidating gains from the bounce off $0.23 crash lows. The token has fallen 73% from its August highs above $1.00, but founder Charles Hoskinson’s revelation of $3 billion in personal unrealized losses underscores that even insiders are feeling the pain of this bear market.

Hoskinson Reveals $3 Billion Unrealized Loss

Cardano founder Charles Hoskinson disclosed over $3 billion in unrealized losse…

Read The Full Article Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress On Coin Edition.

Read the article at CoinEdition

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Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress

Share:

  • Cardano falls 0.11% to $0.2696 as open interest drops 3.02% to $421 million and volume collapses 29.83% amid post-crash consolidation.
  • Charles Hoskinson reveals over $3 billion in unrealized losses during the downturn, emphasizing long-term commitment to building decentralized systems over short-term price movements.
  • Recovery requires reclaiming $0.3076, while a close below $0.26 opens downside toward the $0.23 crash low.

Cardano price today trades near $0.2696 after consolidating gains from the bounce off $0.23 crash lows. The token has fallen 73% from its August highs above $1.00, but founder Charles Hoskinson’s revelation of $3 billion in personal unrealized losses underscores that even insiders are feeling the pain of this bear market.

Hoskinson Reveals $3 Billion Unrealized Loss

Cardano founder Charles Hoskinson disclosed over $3 billion in unrealized losse…

Read The Full Article Cardano Price Prediction: ADA Holds $0.27 As Hoskinson’s $3B Loss Highlights Cycle Stress On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.264

-3.74%

Share:

In This News

Coins

$ 0.264

-3.74%

Share:

Read More

Bitcoin Price Prediction: BTC Trapped in Correction Despite Dip Buying Signs

Bitcoin Price Prediction: BTC Trapped in Correction Despite Dip Buying Signs

Bitcoin continued to trade under pressure on the 4-hour chart as traders assessed the...
Aster (ASTER) Price Prediction: ASTER Rebound Meets Supply Zone as Leverage Continues to Drop

Aster (ASTER) Price Prediction: ASTER Rebound Meets Supply Zone as Leverage Continues to Drop

Aster is attempting to stabilize after a sharp decline, with price rebounding from th...