Saturday, January 22, 2022

Know This, Charles Hoskinson Did Not Say Cardano (ADA) Will Hit $150 by the End of the Year

Charles Hoskinson, the CEO of IOG, who created Cardano (ADA), has disclaimed the prediction published by a popular crypto news platform, Coin Gape, about a rather impossible trend that would take the digital token ADA to $150 by the end of the year.

Actually, Cardano (ADA) has been outperforming other top cryptocurrencies in the market over the past couple of days. And this magnificent surge started becoming noticeable after it was announced that Alonzo mainnet launch has been estimated to play out on 12th September 2021.

Read Also: What Charles Hoskinson Said about the Possibility of Hacking Smart Contracts on Cardano Network

This positive trend aided Cardano (ADA) to break above $2 for the first time since May and to also record a new price all-time high of $2.55.

Charles Hoskinson Disclaimed That He Predicted $150 for Cardano (ADA)

However, predicting that Cardano (ADA) would hit $150 (an over 60x increase) before the end of the year is an impossible trend. The fact remains that Charles Hoskinson can talk at length but he is not fond of such predictions.

The publication had claimed that Hoskinson said Cardano (ADA) would hit $150 by the end of the year. A couple of hours ago, Hoskinson debunked the claim and called the publication a pure liar.

Read Also: Cardano Creator to Anthony Pompliano: Ethereum (ETH) Is Better Than Bitcoin (BTC)

Charles Hoskinson tweeted, “This is a pure lie. I never said this and this publication is publishing straight up lies.”

Coin Gape Takes Down the Mentioned Article

Expectedly, the tweet went viral, bringing backlashes from the crypto community towards the popular crypto news source.

Read Also: Cardano Creator Proposes Rally in Washington In Support Of Crypto Following Senators’ Failure

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In response to Hoskinson’s disclaimer, Coin Gape took down the mentioned article and promised to improve its source verification subsequently.

Coin Gape Cardano Creator Proposes Rally in Washington In Support Of Crypto Following Senators’ Failure, “Thanks for notifying Charles, the mentioned article is down. We are taking this seriously & will improve our source verification in coming days.”


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Solomon Odunayo
Solomon Odunayo is a cryptocurrency journalist with over 3 years of experience in the crypto industry. He's sternly interested in covering developments of emerging and established blockchain projects.

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