Cardano: Hoskinson Predicts AI Agents Lead Crypto
Cardano founder Charles Hoskinson states AI agents will dominate crypto usage, ADA trades at $0.21 with bearish EMA50 at $0.23 on 4h chart.
SourceAnalysis
Charles Hoskinson told the @new_era_finance podcast that 550 million crypto users will not migrate to new chains and that AI agents must handle transactions instead.
The Cardano founder cited FTX, Luna and meme-coin failures as proof markets cannot self-govern and argued scarcity-based fees break real-world utility.
ADA price action on the 4h chart shows price locked at the lower Bollinger Band support of $0.21 while the EMA50 resistance at $0.23 and EMA200 at $0.24 keep the structure bearish; MACD death cross at -0.01 confirms downside momentum even as RSI(14) at 30.39 remains neutral, pointing to continued compression until agents or infrastructure shift flows.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast