Lastly, Hoskinson remarked that the project is not dying but "thriving and growing.” He that ADA is one of the last cryptocurrencies still wanting to be a real crypto instead of "the patron of Blackrock and Wall Street for number go up preferences.” ADA Could See A 10% Drop Soon The crypto community reacted to Hoskinson’s message, with many arguing that, regardless of the developments, the Network’s "lack of volume” and "limited” ecosystem growth remains a problem for its community.
To Gambardello, the exponential surge "could happen fast” and leave many "flabbergasted.” Additionally, he stated that after the 200% surge, ADA’s potential targets of $5 and $10 would "look more realistic.” Related Reading: Experts Discuss What Made Solana Memecoins The Cycle’s Top Narrative Conversely, crypto analyst Sebastian warned about a key level to watch for following ADA’s recent performance.
Meanwhile, part of ADA’s community agreed with Hoskinson, concurring that "it is the only chain that has truly built what I can only see as the groundwork to deliver on the promise of crypto.” Despite the ongoing criticism, some market watchers remain bullish about ADA’s future price action.
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