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Charles Hoskinson says he will keep investing in Cardano despite 75 percent loss

Cardano (ADA) founder Charles Hoskinson said he has suffered losses of more than 75 percent on his ADA holdings but will maintain a long-term holding stance. He said he remains one of the largest ADA holders and has previously cited losses of more than $3 billion when ADA fell 92 percent. Hoskinson rejected claims that Cardano’s decline stems from internal problems and opposed excessive cuts to development spending.

Crypto

Cardano engineer says 4 million won of ADA could be worth 15 million won by 2030

A senior engineer at Cardano developer IOG said a $2,800 investment in Cardano’s ADA could top $10,000 by 2030. Cardano has fallen more than 90 percent from its 2021 high and has struggled to show a clear rebound, fueling community frustration. A Hosky Token account said $10,000 invested four years ago would be worth about $2,800. The engineer argued today’s $2,800 could exceed $10,000, implying ADA reaching at least $1.