Cardano Founder Criticizes Major Exchange's ADA Listing Decision: "A $70 Million Missed Opportunity"

robot
Abstract generation in progress

Source: CryptoNewsNet Original Title: Cardano (ADA) Founder Charles Hoskinson Criticizes US Exchange! “You’re Missing a Huge Opportunity by Not Listing This Altcoin!” Original Link: Charles Hoskinson, the founder of Cardano (ADA), known for his striking statements about the cryptocurrency market, has made new remarks targeting a major cryptocurrency exchange.

In an interview, Hoskinson criticized an exchange’s refusal to list ADA, arguing that the decision has cost the platform $70 million in lost revenue.

The expert highlighted that despite Cardano’s widespread adoption and popularity, this exchange is the only major crypto exchange that doesn’t support ADA.

“This exchange is the only major exchange that doesn’t trade with ADA. We estimate that this has cost them $70,000,000 over the last 5 years. Other major exchanges are trading it, and ADA is one of the top 10 cryptocurrencies.”

Hoskinson noted that ADA is currently among the top 10 cryptocurrencies traded on various major exchanges, yet remains unlisted on this particular platform.

He argued that the exchange’s decision not to list ADA, despite its success, was a confusing one. According to him, someone within the organization made a decision that ultimately harmed their market position and prevented them from generating significant revenue, while competitors benefited from ADA’s popularity.

ADA-4%
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
  • 7
  • Repost
  • Share
Comment
0/400
LiquidationSurvivorvip
· 2h ago
Damn, Hoskinson is speaking out again. This guy just loves to complain about exchanges not listing tokens. A $70 million opportunity? That's bullshit.
View OriginalReply0
ImaginaryWhalevip
· 12h ago
The opportunity of 700,000 dollars was missed so easily, this exchange is really incredible haha
View OriginalReply0
GateUser-beba108dvip
· 12h ago
Speaking of Charlie, is he starting to diss the exchange again? The opportunity cost of 70M is indeed painful, but how should I put it... ADA needs to survive first.
View OriginalReply0
OnchainSnipervip
· 12h ago
Hoskinson is at it again, always saying others missed the opportunity...🤔 Wait, how is this guy's own project doing?
View OriginalReply0
SatoshiHeirvip
· 12h ago
It should be pointed out that Hoskinson yap again there. According to on-chain data, the liquidity dilemma of ADA is not at all the exchange's fault—the problem lies in the fundamental technical cognitive defect.
View OriginalReply0
MonkeySeeMonkeyDovip
· 12h ago
Here we go again, Hoskinson is complaining about the exchanges again, a $70 million "opportunity"? Wake up, buddy.
View OriginalReply0
MissedAirdropAgainvip
· 12h ago
Here we go again, Hoskinson just loves to give directions... But to be fair, the $70 million opportunity is indeed quite significant.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)