No products in the cart.
- Latest
- Trending
ADVERTISEMENT
Cardano (ADA) founder Charles Hoskinson says the true value of cryptocurrency projects is not reflected in the price of their respective tokens.
Hoskinson To tell Cardano and many other cryptocurrency projects have strong fundamentals, but the market paints a different picture.
The universal truth about crypto is that the market is disconnected from reality. I don’t know what’s being reflected, it’s just a red sea.The macro factor always wins.”
Cardano is trading at $0.462 at the time of writing, down 85% from its all-time high set in September 2021. The entire cryptocurrency market cap has fallen by more than 65% from his over $3 trillion reached in November 2021 to just under $950. a billion.
While asserting that Cardano’s best days are yet to come, Hoskinson To tell That crypto project should focus on how users can benefit from their respective technology.
The focus should always be the true purpose of the technology. The problems it solves. The people it helps. The best days are ahead of us.
Hoskinson’s statement comes ahead of Cardano’s Vasil upgrade, which is scheduled to go live on September 22nd. The Vasil upgrade aims to improve Cardano’s scalability and reduce transaction costs.
Don’t miss a beat subscribe to get encrypted email alerts delivered straight to your inbox
Price action confirmation
Please follow us twitter, Facebook When telegram
Surf The Daily Hodl Mix
 
Featured Image: Shutterstock/SimoneN/bobyramone
