Cardano

2024

Polkadot

when

<ul class="news-points">
 <li>Cardano founder refutes “dead coin” claims.</li>
 <li>Community rallies to defend Cardano’s tech and potential.</li>
 <li>Debate sparks over institutional vs. community-driven success.</li>
</ul>
Charles Hoskinson, the founder of Cardano, recently responded to crypto influencer BitBoy Crypto’s claim that Cardano’s ADA token is “dead.”
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 I remember when the point of cryptocurrencies was to replace institutions instead of acting out a scene from deliverance. I guess I got to learn the banjo to make Ben happy. <a href="https://t.co/yLMj1qAE1T" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yLMj1qAE1T</a>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1808638804573790459?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 3, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
On July 3, Ben Armstrong, known online as BitBoy Crypto, took to Twitter (recently rebranded as X) to share his views on leading cryptocurrencies like Polkadot (DOT) and Cardano (ADA). He asserted that both ADA and DOT are “dead to institutions,” which he believes will ultimately lead to their demise as legitimate investments.&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “I want to be clear. Recently, I said DOT and ADA are both dead to institutions. Which ultimately will lead to their death as legitimate investments.”
</blockquote>
However, he clarified that his statement does not mean the coins will completely collapse and predicted they could still offe…
The post <a href="https://coinedition.com/cardano-founder-hits-back-at-dead-coin-claims/" rel="noopener noreferrer nofollow">Cardano Founder Hits Back at “Dead Coin” Claims</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Cardano Founder Hits Back at “Dead Coin” Claims

Coin Edition

Other articles published on Jul 4, 2024

Top Five Most Discounted Altcoins Right Now With The Huge Potential Rebound Later

Zebu Live 2024: The UK’s Premier Web3 Conference Returns with Steven Bartlett, Coinbase, Solana, ...

Belgium’s FSMA says crypto scams still account for 50% of fraud activity

As The Ethereum ETF Looms, Pepe Holders Switch Focus To Dominant New Presale!

Which is the Best Crypto Right Now? BlockDAG’s 1300% Price Surge Pulls in Shiba Inu Holders, Beat...

Kamala Harris memecoin KAMA pumps – Is this because she’ll replace Joe Biden?

Join our free newsletter for daily crypto updates!