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via BeInCrypto · By BeInCrypto Editorial

Is Cardano Dead After Hoskinson’s Shocking Confession?

ADA

ADA/USDT

$0.1593
-3.45%
24h Volume

$166,358,563.43

24h H/L

$0.1673 / $0.1580

Change: $0.009300 (5.89%)

Long/Short
72.3%
Long: 72.3%Short: 27.7%
Funding Rate

-0.0053%

Shorts pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.1587

-4.46%

Volume (24h): -

Resistance Levels
Resistance 3$0.1957
Resistance 2$0.1696
Resistance 1$0.1647
Price$0.1587
Support 1$0.1578
Support 2$0.1382
Support 3$0.0973
Pivot (PP):$0.1656
Trend:Downtrend
RSI (14):41.7
BE
BeInCrypto Editorial
(05:25 AM UTC)
1 min read
DK
Reviewed byDavid Kim
524 views
0 comments

The Cardano (ADA) price has fallen about 35% in under a month, and founder Charles Hoskinson now admits he is powerless to stop the ecosystem’s decline.

That confession, made after another major project announced its shutdown, has revived a blunt question. Is Cardano dead for good, or is this just a brutal cycle low in the making?

A Shrinking Ecosystem Behind Hoskinson’s Warning

The bear case starts…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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