Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now
HomeWeb 3.0Shocking claim: 500 people behind $ 3.2 billion in artificial cardan ($...
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

Shocking claim: 500 people behind $ 3.2 billion in artificial cardan ($ ADA) Bitcoinik volume

A new report said that fewer than 500 people are responsible for the trade of a volume of billion dollars of $ Ada Coin. The founder of Cardano criticized the report for such claims.

Summary

  • A website claimed that a few hundred people artificially inflate the volume of trade of coins $ ADA.
  • Cardano lovers are optimistic about the potential fusion of Coinbase-Derbit.

Cardano is a better classified cryptographic project, founded and launched by Charles Hoskinson in 2017. This cryptographic project is based completely on serious development work instead of exaggeration. In addition, the project team never took money from risk capitalists (VC). The current commercial price of this $ ada, the native token of the Cardano Blockchain Network, is $ 0.7 and this price level is -4.84% in the last 7 days of the negotiation period.

On March 21, 2025, a Fastcompany.com website reported that less than 500 people are responsible for the commercial volume of $ 3.2 billion of the currency $ ADA. The report called to this fully artificial billion trade volume.

According to the report, these few people generate profits of $ 250 million in a year for the false commercial volume. The website published this report on behalf of a new study published on the Preprint Server of the University of Cornell Arxiv.

Supposedly, this artificial commercial volume helped the leaders of the cryptographic project to create a false exaggeration around the currency $, promoting false purchase recommendations.

On March 22, 2025, Charles Hoskinson responded against this biased and indirectly dragged his fingers to the risk capitalists (VC).
According to Hushinson, this network is obtaining a massive adoption in cryptographic and non -crystalline space, changing the world.

In the past, Hoskinson said that most media websites, backed by VCS, spread false information about Cardano because they lost the opportunity to invest in the Cardano Ada currency.

Cardano Futures Product obtaining a trend

Last week, we reported that the exchange of encryption Coinbase decided to launch the product of future Cardano; For self -regulated launch, Coinbase filed an application before the CFTC body.

According to the latest reports, Coinbase has been in conversations with the Futuro Deribit product trade platform. Insider Reports confirmed that there was no official discussion between the parties, but experts believe that the amount of the acquisition agreement will be between $ 4 billion and $ 5 billion

Cardano lovers ($ ADA) are now very optimistic about this agreement and hope that Cardano’s future on the Coinbase platform will unlock another level of the large door for a new interest among cryptographic investors.

Read also: Nischal Shetty of Wazirx reports $ 478.5m Net liquid assets as the vote begins

Discharge of responsibility: In Bitcoinik.com we present the most recent information in the encryption market. However, this information should not be considered as financial advice and viewers must consult their financial advisors before investing.



RELATED ARTICLES
Binance X BinanX

Start Your Crypto Journey Right!

Sign up on Binance and receive up to $1,000 in rewards after completing KYC.

Join Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment - Image Description

Most Popular