7h ago
Cardano's ADA slides to late-2020 lows after Hoskinson's June 3 remarks
Cardano's ADA fell sharply after Charles Hoskinson's June 3 comments about ecosystem strain and possible project failures, briefly touching $0.1584 before rebounding. The token was down nearly 21% over 24 hours and traded around $0.1627, returning to levels last seen in December 2020. Hoskinson later said on June 4 that he is not leaving the project, as social and on-chain activity spiked around the move.