Emergency!!! ADA sudden crash alert!!!



Cardano founder Hoskinson publicly warned on June 2nd: In the second half of 2026, the Cardano ecosystem will face a large-scale wave of project bankruptcies, with many DeFi and NFT projects dying, and community governance and treasury issues remaining unresolved.

Subsequently, he suddenly announced "temporary withdrawal from the internet," triggering market panic. Within 3 days, ADA plummeted from 0.238 to 0.164, a 31% drop, hitting a five-year low since February 2021.

Currently, there are no rescue plans for the ecosystem. It is recommended that everyone control their positions, avoid blindly bottom-fishing, and manage risks properly. Fortunately, I didn't hold any spot of this; I only have one grid 😱 #ADA $ADA
ADA-10.46%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
PlayingContractsAgain,IAmJust
· 21h ago
Can you buy the dip in batches?
View OriginalReply0
AsunaYuuki
· 06-05 04:48
This is probably the end, the founder ran away and the chain is still playing like this... Btc Fi is still just a dream.
View OriginalReply0
  • Pinned