Cardano Price Slips as Charles Hoskinson Steps Back from ADA

Key Insights : Cardano price traded near $0.164, down 94.7% from its all-time high. Charles Hoskinson reportedly said he never promised ADA would rise. ADA futures open interest stood near $349M at press time. Charles Hoskinson distanced himself from the ADA price during a recent YouTube AMA. Wu Blockchain reported that he said he never promised the token would rise. Cardano Price Under Pressure: What Did Hoskinson Reportedly Say? Wu Blockchain shared the remarks on November 14. They came from a recent YouTube AMA. Hoskinson reportedly said he never promised Cardano would overtake Bitcoin (BTC). He also said he never promised the ADA price would rise. He was responding to criticism from investors. He said some were effectively asking him to push the token higher.

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