In this news, we will present the expenses of the Cardano Prize and if the dispute over governance between one of the main supporters and Charles Hoskinson will hinder the high Cardano price.
The tensions in the technical system of Cardano Inteify, which supports the price of the Cardano Prize, where the founder Charles Hoskinson faces public criticism of one of the senior supporters known as “Cardano Whale”.
This supporter accused the Cardano Foundation of what it had made of false promises for years and said that it would vote without all the proposals submitted by the entry of entry (IO) responsible for the development of the Cardano network.
This supporters claims that the currency team has allowed little end of funding despite what it describes as a “poor performance course”, emphasizing the absence of a clear ecosystem for growth, which is reflected in the total reserved value (TVL) in the network of $ 366 million; It is small against 81 billion dollars in Ethereum and $ 10 billion in Solana.
Cardano has failed to take advantage of trends in the Crapto sector and to take advantage of them, such as decentralized funding (DEFI), MG and artificial intelligence currencies, and rather focused on the development of real world applications that have not been popular.
Consequently, the founder of Cardano replied, saying that what IS spending is relatively lower than other networks invest in initiatives to develop its technical systems and considered the decision of the Kardano whale to vote automatically without reaction to emotion.
On the other hand, this continuous disagreement can negatively affect the credibility of the cardano, especially since the Cardano whale has always been one of the most serious supporters of the network.
Cardano prices aspect: the price can reach $ 1.18 after a slight decrease
The price of the Cardano part decreased by 2.2% in the last 24 hours, jointly with the crapeto market taking a break after the expansion wave that lasted several days.
The currency has made profits of 15.2%, the last 7 days, and it is currently classified n ° 9 as the largest digital origin in terms of value. The latest price movement supports the level of $ 1.81 despite the existing dispute on governance.
Today, the rest period has prompted the price to return the previous resistance zone to $ 0.87, which can now become support, and will then offer late buyers the opportunity to prepare for the next emerging wave of Cardano.
In the same context, the increase in the Cardano currency price scenario expects the price to decrease the Middle EMA measurement in a 9 and 21 -day range to perceive the necessary liquidity for the next major movement towards the psychological barrier at $ 1.
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The expectations of the Cardano prices: what will happen in the midst of the war of governance and the defense of Iog by Hoskinson? APPLERDIRST on Arab Cryptonews.
