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Cardano founder Charles Hoskinson has refuted scam allegations made by crypto trader Robin Engraf, calling them unfounded. Meanwhile, ADA’s price shows bullish momentum, inching closer to the $1 mark.
- Hoskinson attributes Engraf's accusations to a common impersonation scam, warning against investment schemes promising unrealistic returns.
- ADA's price shows strong momentum, testing the 200-day SMA resistance at $0.749—a key level for a potential bullish breakout.
- Cardano's network activity is rising, with weekly transactions hitting 111 million, reinforcing positive sentiment around ADA.
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