Cardano. Bearish.
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Bearish
Zoina Shaikh
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BearishCardano is cooked 🧵
If you are a Cardano holder it’s over for you
The founder just came out and admitted he has zero governance power. No treasury access. Doesn’t even own the Cardano trademark. Billions went to other entities not him.
So my question is simple where was this honesty all these years?
When ADA was top 3 and people were putting their life savings in, he stayed quiet. Now that the ecosystem is bleeding, projects are shutting down and ADA is below $0.20 for the first time since 2020, now he wants to talk about how broken the system is from within?
That silence was expensive for a lot of people.
Never go all in on any founder’s vision. The founder and the token are two different things.
For some ada will look like a juicy dip but i am out of it.
ADA might pump again someday. But right now there’s too many ifs and buts for me.
Not financial advice. DYOR.
#ADA $ADA
If you are a Cardano holder it’s over for you
The founder just came out and admitted he has zero governance power. No treasury access. Doesn’t even own the Cardano trademark. Billions went to other entities not him.
So my question is simple where was this honesty all these years?
When ADA was top 3 and people were putting their life savings in, he stayed quiet. Now that the ecosystem is bleeding, projects are shutting down and ADA is below $0.20 for the first time since 2020, now he wants to talk about how broken the system is from within?
That silence was expensive for a lot of people.
Never go all in on any founder’s vision. The founder and the token are two different things.
For some ada will look like a juicy dip but i am out of it.
ADA might pump again someday. But right now there’s too many ifs and buts for me.
Not financial advice. DYOR.
#ADA $ADA