Cardano founder Charles Hoskinson has denied claims that he bought his ADA holdings close to the token’s all-time excessive, responding on to accusations circulating on X as Cardano continues to commerce far beneath its 2021 peak.
The alternate started after Hoskinson posted a vacation message on X, the place he mirrored on what he described as a protracted and difficult 12 months for the crypto market. Whereas the message was meant as a seasonal notice, it shortly drew criticism from some customers. One account accused Hoskinson of promoting ADA when the value was near $3 and questioned why he has not repurchased tokens now that ADA trades close to $0.30.
Hoskinson rejected the allegation outright. In a short reply, he acknowledged that he did not dump ADA at the height and dismissed the declare as misinformation. He added that repeated accusations don’t make the declare correct, pushing again in opposition to what he described as automated narratives spreading on-line.
The interplay, proven within the picture shared alongside the dialogue, highlights the rising scrutiny founders face throughout extended market downturns. As costs retrace sharply, narratives round insider promoting usually resurface, even with out public proof.
At press time, ADA was buying and selling round $0.353. The token has dropped round 55% over the previous three months and greater than 58% 12 months thus far. December alone accounted for a decline of roughly 15%. From its all-time excessive of $3.10 in 2021, ADA is now down near 89%.
#Cardano Founder Denies Dumping $ADA at $3 Amid 88% Value Decline.
Cardano founder Charles Hoskinson has pushed again in opposition to claims that he bought his ADA holdings close to the token’s all-time excessive.
Like many crypto executives, Hoskinson took to X to want his followers a Merry… pic.twitter.com/hQehEKgr0E
— TheCryptoBasic (@thecryptobasic) December 26, 2025
Whereas the drawdown has been extreme, Cardano shouldn’t be an outlier. Many large-cap cryptocurrencies stay far beneath their earlier cycle highs. Dogecoin, for instance, trades greater than 80% beneath its peak, whereas a number of Layer-1 belongings proceed to wrestle amid weaker liquidity and slower retail participation.
Market contributors stay divided on Cardano’s longer-term outlook. Supporters level to ongoing growth exercise, governance upgrades, and staking participation throughout the community. Critics argue that worth efficiency has lagged behind competing ecosystems and that market confidence stays fragile.
The renewed give attention to founder conduct displays broader sentiment throughout the crypto market. Throughout prolonged downturns, traders usually search for accountability at the management stage, particularly when belongings underperform for extended durations. In lots of instances, public figures are compelled to reply to claims that acquire traction no matter their factual foundation.
For now, Hoskinson’s response closes the fast dialogue however is unlikely to finish debate solely. As the ADA price continues to trade at depressed ranges, questions round confidence, transparency, and long-term conviction are more likely to stay a part of the dialog throughout the Cardano neighborhood.
Learn additionally: Don’t Sell Your $ADA for $NIGHT, Cardano Founder Warns
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