ADA Price struggles along with the rest of the market, having dropped 4.5% over the last 24 hours. The total crypto market cap is also down 1.7%, as most traders have turned bearish, anticipating a further decline. Meanwhile, the Cardano community is in an uproar, as a leaked proposal revealed a request for 200 million ADA tokens. The backlash has been intense, as the incident adds salt to the injury of the postponed Chang hard fork upgrade.
Impact of 200M Cardano Proposal on ADA Price
The debate on the crypto X Cardano community about the leaked request for 200 million ADA ($74.3 million) has evoked mixed reactions from the community.
The leaked proposal from the early morning of August 26 revealed that the venture capital organization 3UTxO planned to request the specified amount once Voltaire went live.
CARDANO Back Room Grift 200 Million ADA at stake note: It’s not about me, It’s about Us! pic.twitter.com/M3mndECDKC
— ESCO (@ESCOweb3) August 24, 2024
Jaromir Tesar, one of th
We współpracy z: https://coingape.com/markets/ada-price-risks-10-drop-amid-74m-controversial-proposal/
