Charles Hoskinson Faces Backlash from ADA Community Amid Meme Coin Controversy

• Charles Hoskinson linked to a meme coin crash, sparking backlash from the Cardano community.
• ADA founder’s meme coin comment leads to a community poll questioning his impact.
• Nearly 51% of poll respondents currently view Hoskinson as a negative influence on Cardano.

Charles Hoskinson, the head of the Cardano blockchain, is facing backlash because of his reaction to the meme coin. Hoskinson, known for his work in the decentralized ecosystem, connected a price chart of a meme coin replicating his Waldo costume for Halloween. This action has sparked controversy, as the meme coin soon became rugged, leading to significant liquidity losses and increasing frustration among Cardano enthusiasts.

Meme Coin Incident Stirs Debate on Hoskinson’s Role in Cardano

After the meme coin collapsed, a specific group of ADA supporters expressed disappointment in Hoskinson, stating that his actions lessened their confidence in the ecosystem. Although meme coins are normally seen as risky and unsupervised investments, the group’s dissatisfaction grew as some community members saw Hoskinson’s involvement in the asset’s decline. The backlash even led to a minority labeling Hoskinson as a “cancer of Cardano,” suggesting that his actions negatively impacted ADA’s reputation and price stability.

To address community concerns, Hoskinson responded by initiating a week-long poll on X, formerly known as Twitter. The poll’s simple question, “Is Charles Hoskinson a cancer for Cardano?” presents two options: “yes” or “no.” The poll results currently lean toward “yes” at 50.5%, reflecting a narrow division among respondents.

Community Voices Diverge as Supporters Rally for Hoskinson

Despite the controversy, some prominent Cardano supporters have rallied to defend Hoskinson. Among them, Rick McCracken, a respected figure in the ADA community, suggested that the poll might be subject to manipulation by bots and emphasized that Hoskinson’s contributions to Cardano are undeniable.

According to McCracken, some may view Hoskinson’s vocal approach and strong reactions unfavorably, yet they reflect his commitment to the project he created.