The CEO of IOHK, Charles Hoskinson has once <a href="https://twitter.com/IOHK_Charles/status/1426919304784752646?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1426919304784752646%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fhoskinson-slams-novogratz-for-dismissing-cardano" target="_blank" rel="nofollow noopener">again</a> combated with Mike Novogratz, the CEO of Galaxy Digital on Twitter following the event when the latter called the rally of Cardano (ADA) into question. Novogratz has already downplayed the recent rally of Cardano and claimed that it does not have any adhesion with the developers.
<h2>Charles Hoskinson Sparred with Mike Novogratz for Downplaying Cardano (ADA) Rally</h2>
On August 15, Novogratz shared a tweet that Cardano (ADA), the largest proof of stake blockchain has managed to occupy the third place on leading market data aggregators was a mystery to him.

He added to his criticism of Cardano and said that he had spoken to a lot of people in the space and none of them has witnessed any traction on ADA in terms of developer activity.

In response to this, Charles Hoskinson strike at Novogratz and accused him of being indiscreet understanding with the bankes and predicted that his recent statement is not going to <a href="https://www.cryptoknowmics.com/news/charles-hoskinson-claims-cardano-network-has-thousands-of-assets/">end well</a>.  

At the time of writing this article, the price of <a href="https://www.cryptoknowmics.com/news/cardano-price-prediction-2021-2025-can-ada-cross-10-by-2025/">Cardano</a> is roaming around the level of $2.14 on major spot exchanges after witnessing yet another intense rally.
<h2>Regulator Duking Out on Social Media</h2>
This was not the first time when the two had been involved in a fight on social media platforms.

Back in the month of March, Charles Hoskinson began pitching the native currency of Cardano, ADA, to Mike Novogratz, the former Goldman Sachs executive, but now, it seems like that never happened and they never had a conversation about this project.

In addition to this, it should be noted that the IOHK boss has claimed that the fellow crypto billionaire (Hoskinson), was drinking from the Ethereum Kool-Aid. 

Also, back in the month of June, Mike Novogratz released a description of Cardano, addressing the cryptocurrency as a weird cult and received pushback from the community.

Charles Hoskinson Slams Mike Novogratz for Dismissing Cardano (ADA)

Charles Hoskinson has combated with Mike Novogratz, the CEO of Galaxy Digital on Twitter, when the latter called the rally of Cardano (ADA) into question.

Sahaj is an aspiring journalist with a keen interest in cryptocurrency and the whole concept of Blockchain technology. He is positive about the future potential of Cryptocurrency and Blockchain in shaping the world of finance for good. At present, he is covering the latest developments in the field of the cryptosphere.

Charles Hoskinson Slams Mike Novogratz for Dismissing Cardano (ADA)

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