Up 26% in 7d, still -91.8%.
He was built by a man who walked out of Ethereum. Charles Hoskinson was one of the earliest founders there, and he fell out with Vitalik over whether to raise money and whether to become a company. He left, started over, and shipped this chain in September 2017.
His method runs backwards compared to everyone else: write the paper first, send it to peer review, and only write code once the proof holds. Slow, but every step has to be defensible. His staking protocol was the first one with an academic proof behind it. He also gave the chain a treasury — holders vote on how the money is spent, nobody has to approve it.
The price he paid was years of being laughed at: always writing papers, nobody on the chain. In September 2021 he touched 3.09 dollars, a market value above 90 billion dollars, and then slid all the way back to 0.25.
His cheapest day was 12 March 2020, at 0.01925. A thousand dollars then is 13137 dollars today.
Right now he trades at 0.25292, a 9.5 billion dollar market cap, rank 18, still 91.8% below his own record of 3.09, and up 26.19% in seven days — the strongest bounce among the majors this week.
Where the money sits: seven out of ten retail accounts are long, 72.06%; whale long positions are 63.57%, also leaning long. On the chart the daily MA20 (0.21635) is holding underneath, 1h RSI14 is 63.86, resistance 0.2544, support 0.2406 — short term it leans long.
This is still early in a bull market and everything looks cheap. Hold for the long run: start small at spot with $ADA, and add on dips — the deeper it drops, the more you add.
$ADA #Cardano纳入x402套件支持ADA支付
He was built by a man who walked out of Ethereum. Charles Hoskinson was one of the earliest founders there, and he fell out with Vitalik over whether to raise money and whether to become a company. He left, started over, and shipped this chain in September 2017.
His method runs backwards compared to everyone else: write the paper first, send it to peer review, and only write code once the proof holds. Slow, but every step has to be defensible. His staking protocol was the first one with an academic proof behind it. He also gave the chain a treasury — holders vote on how the money is spent, nobody has to approve it.
The price he paid was years of being laughed at: always writing papers, nobody on the chain. In September 2021 he touched 3.09 dollars, a market value above 90 billion dollars, and then slid all the way back to 0.25.
His cheapest day was 12 March 2020, at 0.01925. A thousand dollars then is 13137 dollars today.
Right now he trades at 0.25292, a 9.5 billion dollar market cap, rank 18, still 91.8% below his own record of 3.09, and up 26.19% in seven days — the strongest bounce among the majors this week.
Where the money sits: seven out of ten retail accounts are long, 72.06%; whale long positions are 63.57%, also leaning long. On the chart the daily MA20 (0.21635) is holding underneath, 1h RSI14 is 63.86, resistance 0.2544, support 0.2406 — short term it leans long.
This is still early in a bull market and everything looks cheap. Hold for the long run: start small at spot with $ADA, and add on dips — the deeper it drops, the more you add.
$ADA #Cardano纳入x402套件支持ADA支付