{"id":430532,"date":"2026-06-13T12:12:09","date_gmt":"2026-06-13T06:42:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/is-x-hurting-cardano-charles-hoskinson-wants-the-community-on-discord-instead-crypto-news\/"},"modified":"2026-06-13T13:22:17","modified_gmt":"2026-06-13T07:52:17","slug":"is-x-hurting-cardano-charles-hoskinson-wants-the-community-on-discord-instead-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-x-hurting-cardano-charles-hoskinson-wants-the-community-on-discord-instead-crypto-news\/","title":{"rendered":"Is X hurting Cardano? Charles Hoskinson wants the community on Discord instead! &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Cardano founder Charles Hoskinson is planning to ditch X (formerly Twitter) for Discord. In a recent statement, Hoskinson said he will continue his video streams on X, but he\u2019ll focus on Discord for \u201cwell-moderated channels.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">We can have happy, positive, well-moderated channels and leave behind the drama, lies, endless rage, and embittered people for a place where real conversations and real progress can be made.<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_607711\" aria-describedby=\"caption-attachment-607711\" style=\"width: 886px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-150422.png\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607711 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-150422.png\" alt=\"Cardano\" width=\"886\" height=\"714\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-150422.png 886w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-150422-300x242.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-150422-768x619.png 768w\" sizes=\"auto, (max-width: 886px) 100vw, 886px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-607711\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Well, the move is not a surprise though. A few days ago, Hoskinson complained that X was a toxic place, decrying the \u201cnarrative war\u201d that has sidelined Cardano\u2019s true advancements lately.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to him, X has become a platform of \u201cendless drama\u201d and FUD, instead of real work.\u00a0<\/span><\/p>\n<h2><strong>Reactions to Cardano\u2019s migration<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Coincidentally, Hoskinson\u2019s migration update happened after renewed scrutiny of an alleged sell-off of ADA holdings. Additionally, several community members have been pressing for answers after ADA\u2019s price recently fell to a <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/cardano-price-prediction-whats-next-as-ada-drops-30-to-a-6-year-low\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">6-year low<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, market analyst Marty Party reinforced the \u2018Ghost Chain\u2019 tag, noting that Cardano has no stablecoin or tokenized stocks traction.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">I\u2019ve never met anyone with a Cardano wallet, that uses Cardano, that pays or earns in ADA or any stable coin on Cardano. That\u2019s why it will prob drop further. Its just not adopted. Why has Circle not issued $USDC on it?<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_607713\" aria-describedby=\"caption-attachment-607713\" style=\"width: 862px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607713 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cardano\" width=\"862\" height=\"553\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007.png 862w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007-300x192.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007-768x493.png 768w\" data-lazy-sizes=\"(max-width: 862px) 100vw, 862px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607713 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007.png\" alt=\"Cardano\" width=\"862\" height=\"553\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007.png 862w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007-300x192.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-151007-768x493.png 768w\" sizes=\"auto, (max-width: 862px) 100vw, 862px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-607713\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This contrasts with Hoskinson\u2019s view of the chain. According to him, Cardano is the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/why-charles-hoskinson-thinks-cardano-is-the-only-ecosystem-that-can-run-the-world\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">only chain<\/a> that has solved the blockchain trilemma problem and is the only one that can run global systems.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For him, the \u201cnarrative war\u201d that\u2019s prevalent on X is what\u2019s slowing down Cardano\u2019s adoption. It remains to be seen whether the migration will help it win the \u201cnarrative war.\u201d<\/span><\/p>\n<p>One user criticized the move though and warned,<\/p>\n<blockquote>\n<p>Right now Cardano is relevant because its community is relevant here. If we take this away, I think it might have major repercussions.<\/p>\n<\/blockquote>\n<h2><strong>Cardano market sentiment hits \u2018extreme fear\u2019<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Since last <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/october-2025s-blame-game-why-the-crypto-crash-was-game-theory-and-math-in-action\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">October\u2019s market crash<\/span><\/a><span style=\"font-weight: 400;\">, ADA\u2019s market sentiment has remained below 50 \u2013 Underscoring a neutral to bearish outlook by traders. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, traders were signalling \u2018extreme fear\u2019 levels of 12, reinforcing the negative sentiment amid the ongoing scrutiny and FUD.\u00a0<\/span><\/p>\n<figure id=\"attachment_607714\" aria-describedby=\"caption-attachment-607714\" style=\"width: 1776px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607714 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cardano \" width=\"1776\" height=\"607\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418.png 1776w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-300x103.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1024x350.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-768x262.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1536x525.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1200x410.png 1200w\" data-lazy-sizes=\"(max-width: 1776px) 100vw, 1776px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607714 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418.png\" alt=\"Cardano \" width=\"1776\" height=\"607\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418.png 1776w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-300x103.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1024x350.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-768x262.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1536x525.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Screenshot-2026-06-12-152418-1200x410.png 1200w\" sizes=\"auto, (max-width: 1776px) 100vw, 1776px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-607714\" class=\"wp-caption-text\">Source: Gate<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Separately, some of the top ADA whale wallets (red and yellow lines) accumulated during the recent dip. They also offloaded some of their holdings during the recent relief bounce though.\u00a0<\/span><\/p>\n<figure id=\"attachment_607715\" aria-describedby=\"caption-attachment-607715\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-scaled.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607715 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Cardano \" width=\"2560\" height=\"867\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-scaled.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1200x406.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-scaled.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-607715 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-scaled.png\" alt=\"Cardano \" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-scaled.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Cardano-ADA-15.33.48-12-Jun-2026-1200x406.png 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-607715\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">On the contrary, whales with at least 100M ADA holdings (blue line) have begun accumulating ADA at current levels.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, weak sentiment and FUD are being leveraged by some long-term investors as a strategic buying opportunity.\u00a0<\/span><\/p>\n<hr\/>\n<h2><strong>Final Summary<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Hoskinson announced that plans are underway to move the Cardano community from X to Discord.\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">ADA\u2019s market sentiment slipped to \u2018extreme fear\u2019 for the second week as mega whales added positions.<\/span><\/em><\/li>\n<\/ul>\n<hr\/>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano founder Charles Hoskinson is planning to ditch X (formerly Twitter) for Discord. In a recent statement, Hoskinson said he will continue his video streams on X, but he\u2019ll focus on Discord for \u201cwell-moderated channels.\u201d We can have happy, positive, well-moderated channels and leave behind the drama, lies, endless rage, and embittered people for a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":430533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46629,46715,230,7217,225,221,208,227,226,228,229,60,223,224,222],"class_list":["post-430532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-altcoin","tag-ambcrypto","tag-brave","tag-cardano","tag-coinbase","tag-crypto","tag-crypto-news","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=430532"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430532\/revisions"}],"predecessor-version":[{"id":430534,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/430532\/revisions\/430534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/430533"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=430532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=430532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=430532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}