Charles Hoskinson, the founder of Cardano $ADA , sent the crypto market reeling with a single tweet: “I’m done.” That brief message sparked widespread panic in the community, causing ADA’s price to plummet by approximately 14% within an hour—before Hoskinson clarified that he was referring to being finished with “toxic critics.” The damage had already been done.
Following the crash, the Cardano community erupted in criticism, accusing Hoskinson of irresponsible behavior. Some even suggested it might have been a deliberate move to shake out weak holders.
Since then, ADA has recovered some of its losses—but lingering doubts persist. While Cardano’s technical development continues uninterrupted, the drama surrounding its leader fuels ongoing uncertainty among investors and enthusiasts alike.
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