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Token Hoarding Claims Denied: Charles Hoskinson, founder of Cardano, refuted allegations of hoarding Midnight tokens during the Glacier airdrop, emphasizing a retail-focused distribution strategy with no insider or VC allocations.
Investor Interest: Over 1.3 billion Midnight tokens have been claimed, indicating strong interest from retail investors, particularly among ETH and BTC holders.
Market Response: Following the announcement, ADA's price increased by over 15%, reflecting positive market sentiment and heightened on-chain activity.
Exclusion of Insiders: The project’s deliberate exclusion of institutional partners distinguishes it from typical airdrops, potentially signaling a shift in blockchain governance models while avoiding regulatory scrutiny for now.
