Is Cardano Dead After Hoskinson’s Shocking Confession?

ADA

ADA/USDT

$0.1738

+1.05%

$0.1738

+1.05%

(24s)

24h Volume

$131,743,989.90

24h H/L

$0.1770 / $0.1716

Change: $0.005400 (3.15%)

Long/Short

70.0%

Long: 70.0%Short: 30.0%

Funding Rate

+0.0041%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1738

▼ -0.46%

Volume (24h): -

Resistance Levels

Resistance 3$0.1940

Resistance 2$0.1825

Resistance 1$0.1744

Price$0.1738

Support 1$0.1690

Support 2$0.1567

Support 3$0.1382

Pivot (PP):$0.174267

Trend:Downtrend

RSI (14):43.1

BeInCrypto Editorial

(05:25 AM UTC)

1 min read

Reviewed byDavid Kim

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?