Cardano founder Charles Hoskinson blames the Trump meme coin for draining liquidity and weakening ADA prices.

https://coinedition.com/hoskinson-warns-crypto-is-bleeding-retail-after-trump-coin-shock/

25 Comments

  1. tldr; Cardano founder Charles Hoskinson criticized the launch of the Trump meme coin, blaming it for draining liquidity, damaging trust, and pushing retail investors away from crypto. He highlighted falling prices, weak adoption, and stalled regulation as signs of an unhealthy industry. Hoskinson also expressed doubts about the passage of the CLARITY Act, warning delays could extend until 2029. He emphasized the need for new ideas to revitalize the crypto market, as retail investors remain cautious after heavy losses in NFTs and meme coins.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. ADA hasn’t done shit years…Alex Becker/ Bit Boy pump and dump like DOT.

    Edit: auto correct fixed!

  3. as far as I understand, this guy is a proponent of governmental corruption as long as he somehow benefits from it, thus his opinion on this matter is immediately discarded

  4. DeepImpactDan44 on

    charles blaming memecoins for ada’s performance is peak cope lmao. just build better tech

  5. “It’s everyone’s fault but mine” as he makes another ghost chain vaporware in Midnight and airdrops himself huge sums of money.

  6. robeewankenobee on

    Dead in the waters … Aside from BTC, Eth (maybe), everything else seems like a ruse with no real utility or purpose.

    Been invested in Ada (and quite a supporter of Charles and the project) since Before the great price action of 3 bucks back in 2021 … but this project will die out like most of them, investment was lost when we didn’t TP on that 3 buck price.

  7. Emergency_Morning77 on

    Instead of slow bleed to nothingness even Charles just wants cardano to be targeted by trump to go to zero faster

  8. he was quite excited to be invited to the white house till he was informed that he’s in the reserve list

  9. He’s not wrong. But this dude flip-flops like a fish. He SHOULD have seen this coming BEFORE the election as smart as he is.

  10. TL;DR Eric and Don Jr are getting a better deal than I am, now I don’t like you, Mr. President