According to CoinMeta, Charles Hoskinson, the founder of Cardano, stated that he has never promised that ADA would rise or surpass Bitcoin. Hoskinson pointed out that investors asking him to boost the price of ADA are essentially asking him to manipulate the price for their own benefit. He emphasized that the value of ADA has fallen by nearly 95% since its peak in 2021, and his role is to build and maintain a decentralized Cardano system, not to drive up prices. On November 7th, during a live broadcast, Hoskinson responded to comments from viewers about Cardano potentially becoming the largest cryptocurrency, stating that he has never made such a promise. The price of ADA has dropped from a high of $3.099 in 2021 to around $0.1636, representing a decrease of 94.72%. He mentioned that the “roadmap” for Cardano has been completed, and that it is now self-governed.