Cardano Creator Responds to BitBoy's ADA Claims

Generated by AI AgentCoin World
Friday, Feb 28, 2025 3:51 pm ET1min read
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Charles Hoskinson, the creator of Cardano, has responded to claims made by crypto influencer Ben "BitBoy" Armstrong, who recently stated that he had "single-handedly saved" the ADA project. In a livestream, Armstrong declared that his previous criticism of Cardano was a reverse psychology tactic to attract institutional investors to the crypto asset.

Armstrong's comments have drawn the attention of Hoskinson, who responded with a video on X, expressing gratitude for BitBoy's support and wishing him well. The Cardano founder also acknowledged the positive impact of Armstrong's remarks on the Cardano community.

The price of ADA has experienced a 9% decline on the day, mirroring the broader crypto market's struggles amid renewed concerns over potential trade tariffs. As of press time, the token was trading at $0.6143.

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