🔥 Cardano Debate Heats Up: $ADA’s Big Move or Risky Game? 🔥
Cardano founder Charles Hoskinson just put forward a bold plan: swapping 140 Million ADA (~$100M) from the treasury into Bitcoin and stablecoins to supercharge DeFi growth .
This sparked a fierce split in the community. ADA dropped ~6% as some worry it could spark a selloff , while others point out careful execution via OTC/TWAP trades should limit any price chaos.
On top of that, ADA just joined the Nasdaq Crypto Index, signaling bigger visibility and more liquidity ahead.
✨ Tell me your view: Is this treasury switch a smart move to build DeFi momentum, or too risky for ADA’s price? Drop your take below 👇
