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Crypto
Cardano investment narrative over? ADA critic who profited in 2020 says he will not buy anymore
Crypto commentator Moody Hank, who made large profits from Cardano\'s ADA in 2020, said he would no longer invest in the token. He argued Cardano’s investment narrative has effectively ended as market conditions and momentum have turned weak. Hank cited internal governance conflict, the cancellation of the 2026 Cardano Summit and stalled proposals. He also pointed to ecosystem departures and price pressure, with ADA falling below $0.16 over the weekend.
Crypto
Cardano bull trims ADA holdings and adds Sui
Crypto analyst Dan Gambardello, known as a Cardano (ADA) supporter, disclosed he moved part of his ADA holdings into Sui (SUI) and other altcoins. ADA fell as low as $0.1584 on June 5 and was down 16.01 percent over 24 hours and 29.25 percent over a week. Gambardello said he still holds ADA but questioned Cardano’s governance, leadership and branding, drawing strong reactions inside the community as ecosystem and governance pressures persist.
Crypto
Charles Hoskinson signals pause as TapTools shuts and ADA slides
Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) said he will step back from activity for a while, without giving details. His remarks draw attention as pressure builds across the Cardano ecosystem, including TapTools’ plan to shut down within 2 weeks and the closure of NFT marketplace JPG.Store. The community also rejected funding for Cardano Summit 2026. ADA fell below $0.20 after his post and hit a five-year low near $0.18.