The founder of Cardano (ADA) is a man of many words and many GIFs. Charles Hoskinson's comments, whether you agree with them or not, tend to spark discussions within the crypto community.
Hoskinson's latest round of X-rated responses has covered issues ranging from dating advice to his confidence in the ecosystem to Solana's recent struggles. As a result, several conversations regarding these topics and the Cardano founder's views on them have spread across the X platform.
Dating Advice from Charles Hoskinson
Charles Hoskinson offered some crypto-related dating advice in a response to Lily Brodi, the creator of the viral “Cardano Girls” video. The content creator asked if it was strange to ask someone on their first day if they held ADA.
The Cardano founder responded that not holding ADA was a “major red flag” at this point. Hoskinson jokingly insinuated that the person may be “not a cannibal,” but if they don't hold Cardano's native token, you should still be vigilant.
At this point, not holding ada is a major red flag. I mean, I'm not saying they're cannibals, but… pic.twitter.com/s2CzXr2Hxr
– Charles Hoskinson (@IOHK_Charles) April 4, 2024
He later suggested he might know of one or two eligible “Cardano bachelors.” The community found Hoskinson's comments funnysome agreeing with his views on potential partners.
Still, not all of Hoskinson's responses during his Wednesday spree were well-received. The Cardano founder apparently attacked Solana after learning of the blockchain's recent difficulties in processing transactions.
The post office informed us about the congestion levels experienced by the Solana network. According to Dune data, the Solana blockchain currently has a non-voting transaction failure rate of over 75%.
Three out of four transactions encounter problems before even reaching the block. This failure rate appears to be due “to the fact that many arbitrage bots generate spam trades.” To the news, Hoskinson responded with a popular gif of actor Pedro Pascal having fun.
This guy is exactly why Cardano ngmi
– LawrenceOfCrypto.sol (@LawrenceCrypt0) April 5, 2024
This response prompted some X users to criticize the Cardano founder. Some even called him an “idiot founder” and claimed that such responses were the reason the project “wouldn’t succeed.”
However, the ADA community has joined in the criticism of the Solana network. Some community members deemed the channel “useless.” Another ADA holder declared: “The Solana team doesn’t know the basics of how blockchain works.”
These comments come as no surprise as the ongoing “feud” between the two communities tends to end in a dig and mockery of each other's struggles.
“Cardano always wins” or does it?
As part of Hoskinson's recent “insight”, he commented on a recent poll ranking the best layer 1 networks. In that poll, the Cardano ecosystem had the second highest number of voters.
However, its founder did not seem satisfied, saying that “the project was designed to produce a result before a single vote was cast.” For Hoskinson, in a “fair vote,” it is clear that “Cardano always wins.”
Despite its confidence in the project, ADA price has performed poorly recently. The token has posted red numbers over several periods, with an 11.5% decline over the past seven days and a 20.5% decline over the past month.
The token's current performance has also not gone unnoticed by analysts. Renowned crypto analyst Ali Martinez has expressed some concerns regarding ADA whale activity.
According to Martinez, “Cardano is experiencing a lull in whale activity.” The analyst considered that this could signal potential for further price consolidation or an impending decline.
The unclear trajectory of ADA price seems concerning to its holders, as some consider its current performance to be “extremely bearish at the moment.” At the time of writing, ADA is trading at $0.5748, a level not seen since Valentine's Day.
Cardano (ADA) performance in the weekly chart. Source: ADAUSDT on Tradingview.com
Featured image from Unsplash.com, chart from TradingView.com
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