Cryptocurrency

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

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.”


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

Recent Posts

3 ‘No Brainer’ Altcoins to Buy in November 2024 as Bitcoin and Ethereum Rise

The cryptocurrency market is exhibiting a strong bullish tendency, with Bitcoin (BTC) and Ethereum (ETH)…

2 hours ago

XRP Price Looks Bleak, Investors Move Into Ripple Alternative Under $0.1 Set To Explode To $5 In Next 2 Months

As the XRP price falters, investors are beginning to find other options. Recent shifts in…

5 hours ago

Which Are The Best Cryptos To Buy Now In November 2024? Top 5 Picks for January 2025

With cryptocurrency adoption on the rise, digital assets are becoming integral to global finance. For…

6 hours ago

$100 In FX Guys ($FXG) Presale Could Change Your Life – Analysts Say It’s On Track To Outpace Ethena And NEIRO By 2025

Crypto market analysts have made bold assertions about the potential of FX Guys ($FXG) to…

9 hours ago

Meme Coin Mania Continues: Analysts Predict These Newcomers Could Deliver 15,000% Returns by Year-End

The surge of interest in meme coins continues unabated as new digital assets promise phenomenal…

9 hours ago

XRP Price Faces Resistance: This RWA Altcoin Could Steal the Spotlight with a 20,000x Surge

XRP price has hit resistance after a recent rally, with several crypto enthusiasts attributing this…

10 hours ago