'I Didn't Dump': Hoskinson Denies ADA Sale Rumors as Cardano Loses 88% in Four Years
Analysis
Price Impact
MedCharles hoskinson's denial of dumping ada near its peak aims to quell significant fud (fear, uncertainty, and doubt). while it doesn't inherently create bullish momentum, it prevents a potentially strong bearish catalyst from further harming investor sentiment and driving more sell-offs based on misinformation.
Trustworthiness
HighThe information comes directly from charles hoskinson, the founder of cardano, addressing the rumors himself. his direct denial serves as a primary source to combat the allegations.
Price Direction
NeutralThe denial is a positive for sentiment as it removes a major fud factor. however, the article highlights ada's weak technicals and long-term downtrend (down 88% from ath). the news prevents an immediate downside cascade driven by the rumor but is unlikely to reverse the broader bearish trend without stronger fundamental catalysts or market-wide recovery.
Time Effect
ShortThe immediate effect is to mitigate fud and stabilize sentiment. long-term price movement for ada will depend on broader market conditions, network developments, and adoption, rather than a single rumor denial.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Charles Hoskinson is back in the replies, and this time the topic was not tech, it was the old claim that he sold ADA near the top. After his Christmas post saying it has been "a long, hard year," and that 2026 has a lot to look forward to, one commenter accused him of dumping ADA at $3 in 2021 and refusing to buy back around $0.30, where the price is right now. Advertisement The crypto entrepreneur pushed back by rejecting the idea straight away, saying he never sold into the move, and called the allegation made-up noise, saying that "no matter how much you bots lie, it doesn't make it true." What's happening with the Cardano token is crystal clear on the weekly chart. ADA is trading at around $0.35 on Binance, and the bigger picture has not really changed since 2021: the coin topped in that cycle, then spent the next few years dropping lower, with only occasional rallies that did not manage to turn the trend around. HOT Stories Morning Crypto Report: Bitcoin Briefly Hits Abnormal $24,111 on Binance, -26% for XRP: New Death Cross Price Prediction, Cardano (ADA) Has Bullish Chance for January Ripple Could Have Sold as Much XRP as It Wanted, CTO Says Crypto Market Prediction: Will Ethereum's (ETH) Christmas Be Bullish? Bitcoin (BTC) Hides Its Real Power, Did XRP Just End 160-Day Bloodbath? Race to $5,000: Gold Takes Massive Lead Over ETH ADA/USD by TradingView Thus, the 2025 rebound did not turn into a lasting recovery, and the price has now drifted back to the mid-$0.30s, basically back to the zone where the market treats every bounce as suspect. Advertisement Key levels for Cardano (ADA) right now Levels are now the whole story. The level of $0.35 is the immediate line, and if the market closes below that this week, it will open up the next obvious zone at $0.30. So, if sellers start putting pressure on thin liquidity, the market will start treating $0.30 like a magnet instead of a maybe. You Might Also Like Thu, 12/25/2025 - 12:07 Morning Crypto Report: Bitcoin Briefly Hits Abnormal $24,111 on Binance, -26% for XRP: New Death Cross Price Prediction, Cardano (ADA) Has Bullish Chance for January By Gamza Khanzadaev On the upside, ADA first has to reclaim $0.38-$0.40 and hold it because, without that, every bounce is still just a bounce. Real improvement will only start when ADA gets back above $0.50 and stays there, which will force shorts to cover and finally give spot buyers a reason to stop waiting on the sidelines. Advertisement #Cardano #Cardano News #Charles Hoskinson