Charles Hoskinson Reveals New Utility For Controversial CHARLES Token
The post Charles Hoskinson Reveals New Utility For Controversial CHARLES Token appeared on BitcoinEthereumNews.com.
Charles Hoskinson, Cardano founder, has dropped a crucial update on the “CHARLES” meme token. The announcement became necessary after Hoskinson wiped out 900 billion CHARLES tokens during a live broadcast. Charles Hoskinson’s Exclusive Content Drops and Speculation As revealed in a recent post on X, Hoskinson assured CHARLES holders of the first exclusive content drops in April. In his characteristic manner, Hoskinson pledged to keep holders updated as a film crew would accompany him to somewhere special to prepare for the April event. In a dramatic twist, the Cardano founder stated that if he makes it back, holders of CHARLES will get access to “the director’s cut of the footage.” Source: X Some market observers have described the comment as a marketing stunt by Hoskinson to create anticipation among community members who hold CHARLES. – Advertisement – Hoskinson’s post is already generating debate about what he could do during his absence that requires a film crew. Some speculate he could have decided to go on a documentary adventure that might involve a bit of danger. Others insist it could relate to a vlog of his journey with the Cardano project. The CHARLES Token Controversy The Cardano founder has come under criticism over the CHARLES memecoins, with some alleging his participation in a rug pull. This might have prompted Charles Hoskinson’s “If I survive” comment to the community. Notably, the anonymous creator of the memecoin had gifted Hoskinson 90% of the total supply in a transfer. Experts familiar with memecoins say the airdrop to the Cardano founder might have been targeted at creating publicity for CHARLES. However, Hoskinson incinerated the 900 billion memecoin valued at approximately $80 million in a move that shocked the crypto community. The market’s reaction was instantaneous as CHARLES’ market cap value plummeted from $6.7 million to…
Filed under: News - @ February 2, 2025 1:25 pm