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via BeInCrypto · By BeInCrypto Editorial

Is Cardano Dead After Hoskinson’s Shocking Confession?

ADA

ADA/USDT

$0.2089
+3.83%
24h Volume

$335,962,522.41

24h H/L

$0.2163 / $0.2004

Change: $0.0159 (7.93%)

Long/Short
69.5%
Long: 69.5%Short: 30.5%
Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.2083

0.97%

Volume (24h): -

Resistance Levels
Resistance 3$0.2447
Resistance 2$0.2224
Resistance 1$0.2097
Price$0.2083
Support 1$0.2018
Support 2$0.1844
Support 3$0.1639
Pivot (PP):$0.2077
Trend:Sideways
RSI (14):51.7
BE
BeInCrypto Editorial
(05:25 AM UTC)
1 min read
DK
Reviewed byDavid Kim

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…

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BeInCrypto Editorial · BeInCrypto

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