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Simon Chandler
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The Cardano price has risen to $0.3931 today, after founder Charles Hoskinson revealed in an interview that his portfolio has declined in value by $2.5 billion in the past four years.
ADA is up by 1.5% in the past 24 hours, and while it is down by 6% in the past week, it holds onto a 10% return in the past fortnight.
Hoskinson’s revelation of a $2.5 billion loss coincides with ADA’s 57% decline in the last 12 months, with the Cardano founder suggesting that the Trump administration’s crypto policy – and in particular the Official Trump meme coin – has actually had a negative effect overall on market growth.
However, Hoskinson’s interview also provides a strong reminder of Cardano’s fundamentals and future potential, with Cardano price prediction for this year and beyond looking very promising as a result.
Cardano Price Prediction: Charles Hoskinson Says He Lost $2.5 Billion – What Does That Mean for Cardano Holders Now?
Speaking on The Wolf of All Streets podcast, Charles Hoskinson argued that the second Trump administration has transformed crypto into a heavily partisan issue, implying that the Democrats may be likely to clamp down stringently on crypto if and when they come back into power.
He also argued that many of the crypto-related actions taken by the Trump administration in its early months were mainly tokenistic (no pun intended), and didn’t meaningfully help the market or industry.
“So there was a misunderstanding of how the government works, how the industry works, and it just became this popularity contest,” he said. “Who donated the most money to get access to basically be able to take a picture at the White House or with the President, as opposed to, like, what’s good for the industry.”
And without truly significant cryptocurrency policy, retail investors ended up losing money again, Hoskinson argues, despite a bull rally in November and December of 2024.
Hoskinson also admitted that he hasn’t escaped losses in recent months and years, telling Scott Melker, “I’ve lost $2.5 billion over the past four years.”
Yet despite this negativity, Hoskinson provided an encouraging review of Cardano’s development and growth, predicting that the layer-one network would see a “huge growth” in its DeFi ecosystem.
And if we look at the Cardano price chart today, we see that things are currently looking very hopeful.
Most notably, the Cardano price recently broke out of the descending pennant it has traded within since the summer, indicating a new growth phase.
The Cardano price prediction is therefore very bullish, with the altcoin likely to reach $0.50 by the end of January and $0.75 by Q2, before topping $1 by H2.
SUBBD Raises $1.4 Million in Presale: Could It Be the Next Coin to 100x?
As promising as ADA looks right now, many traders may also want to diversify into newer tokens, since these can outpace the market during their initial growth spurts.
This is also the case with presale coins, which can generate enough momentum during their sales to rally strongly once they list.
One of the more interesting coins holding its presale right now is SUBBD ($SUBBD), an ERC-20 token that has raised just over $1.4 million in its ICO.
SUBBD is preparing to launch a content creation platform that will put creators in the driving seat, providing them with AI-based tools in order to help them become more productive and profitable.
Its AI tools can help users generate ideas and content, including posts, images and videos, as well as the performers featured in such media.
At the same time, the use of crypto ensures that payouts to creators will be transparent and automatic, giving the new platform an edge over existing offerings.
And because SUBBD will be necessary to pay subscriptions to creator channels, demand for the new token could be quite high.
Investors can buy it now by going to the official SUBBD website and connecting a compatible wallet, such as Best Wallet.
Visit the Official SUBBD Website Here
