#CardanoDebate $Some community members are against this initiative. User @cardano_whale warned that the introduction of 140 million ADA could create selling pressure in the current market, which would negatively affect prices. He suggested issuing stablecoins backed by cryptocurrency, such as ObyUSD, to reduce direct selling pressure.

Cardano founder Charles Hoskinson dismissed these concerns, stating that selling pressure is a "false narrative." He recommended a gradual conversion of ADA through over-the-counter or algorithmic strategies,

to avoid market disruption.

The community is divided over the timing and impact of the proposal on ADA, especially considering its inability to maintain levels above 0.68 $ADA