Krutika Adani
Cardano founder Charles Hoskinson has dismissed all fear, uncertainty, and doubt around Cardano.
Rumors said that ADA holders will sell it en masse after most of them unlock their tokens. However, little do they realize that most of the staked ADA can be unstaked at will and is not locked.
Hoskinson further added that ADA was still the 11th largest cryptocurrency by market cap and isn’t going anywhere soon.
Further, the ADA 1D charts have seen the formation of a double bottom pattern, which might soon take the price upwards of $0.45.
At press time, ADA trades at $0.38, which has increased by over 8% in the last seven days.