Are Cardano and Polkadot Dead? Analyst Receives Criticism

Charles Hoskinson, the founder of Cardano, recently responded to crypto influencer BitBoy Crypto’s claim that Cardano’s ADA token is “dead.” On July 3, Ben Armstrong, known online as BitBoy Crypto, took to Twitter (recently rebranded as X) to share his views on leading cryptocurrencies like Polkadot (DOT) and Cardano (ADA). He asserted that both ADA […]

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Are Cardano and Polkadot Dead? Analyst Receives Criticism

  • Cardano founder refutes “dead coin” claims.
  • Community rallies to defend Cardano’s tech and potential.
  • Debate sparks over institutional vs. community-driven success.

Charles Hoskinson, the founder of Cardano, recently responded to crypto influencer BitBoy Crypto’s claim that Cardano’s ADA token is “dead.”

On July 3, Ben Armstrong, known online as BitBoy Crypto, took to Twitter (recently rebranded as X) to share his views on leading cryptocurrencies like Polkadot (DOT) and Cardano (ADA). He asserted that both ADA and DOT are “dead to institutions,” which he believes will ultimately lead to their demise as legitimate investments. 

“I want to be clear. Recently, I said DOT and ADA are both dead to institutions. Which ultimately will lead to their death as legitimate investments.”

However, he clarified that his statement does not mean the coins will completely collapse and predicted they could still offe…

The post Cardano Founder Hits Back at “Dead Coin” Claims appeared first on Coin Edition.