How Low Could ADA Fall Without Hoskinson? AI Issues Stark Warning
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Cardano co-founder Charles Hoskinson announced he was taking a break on X amid a broader crypto market selloff, a move that coincided with intensified selling pressure on ADA. The token plunged double digits on Friday, sliding below $0.19 and later under $0.16 — its lowest price since December 2020 — increasing downside risk for the Cardano ecosystem and token holders.
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In such times of distress, in which the broader crypto market has experienced a sudden and painful decline, Cardano’s co-founder decided to take a break after a short and bitter announcement on X.
Charles Hoskinson’s decision only worsened ADA’s positioning, as the asset tumbled by double digits on Friday and dumped below $0.19 at the time. It kept plunging in the following hours and slumped to under $0.16 later that day, which became its lowest price level since December 2020. The question we asked ChatGPT’s latest version is how low the token can go now.
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$ 0.159
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$ 0.000239
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In This News
Coins
$ 0.159
-2.25%$ 0.000239
-3.88%Predictions Markets
See what traders are focused on
Share:
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