Tuesday, October 26, 2021
Home Crypto News Market In A Recent Live Stream "Price And Value" Cardano CEO Said Ada...

In A Recent Live Stream “Price And Value” Cardano CEO Said Ada Price Can Rise To $10 In Future

- Advertisement -

In a recent live stream, Charles Hoskinson, Cardano’S CEO, said that 1 ADA token could be worth 10 dollars in the future.

He did say he is against price prediction.

Hoskinson said he doesn’t care how high the price of 1 ADA token is or will be. Cardano is his life’s work, and he will always work on it.


“Whether ADA is worth 1 cent, or 1 dollar, or 10 dollars, let me be clear: this is my life’s work. I’ll keep working on it. We’re staying here.”

In March 2020, 1 ADA token was worth only $0.018. Now, a little over a year ago, the Cardano price is around $1.21. That means that in just over a year, the price has increased by an incredible 6,700 percent.

Despite these great price performances, Hoskinson doesn’t value it too much.¬†However, he said that the token price should not be linked to his legitimacy level and added that it is not his job to raise the price.¬†Instead, he chooses to focus on the technical possibilities of the project:

“I don’t know why the price is going up. I don’t know why the price is falling, and I don’t want to have anything to do with speculation about these particular things. It’s not my job as an engineer-scientist to get the price up.”

Although the CEO says he doesn’t care that much about price, the future seems to have a lot of beauty in store for Cardano investors. A deal with Ethiopia will probably be announced next week, and smart contracts can be placed on the Cardano network at the end of April.

Read Also: 5 Exciting Altcoin News This Week Plus Some Other Major Altcoin Updates

student coin ico

Watch Video:

- Advertisement -
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Good Games Guild Announces Triple IDO on Seedify, Ignition, MoonStarter

Jakarta, Indonesia, 24th October, 2021, Good Games Guild, a gaming hub that aims to create the largest virtual world economy by optimizing its owned...

YearnNFT Finance: An Advanced Approach to NFTs with Digital Art and Collectibles

Since August, the market sales with respect to NFTs have skyrocketed, where a single NFT sales round up to millions worth. There have been...

The Bank Of Israel Aims To Launch Its CBDC On Ethereum

For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are...

Russian Central Bank Head Says Russia Is Not Ready To Launch Crypto ETFs

The head of the Bank of Russia, Elvira Nabiullina gave a negative answer to the question about the possibility of trading cryptocurrency ETFs in...

Spanish Banks Anxiously Waiting For Central Bank Approval To Work With Cryptocurrencies

Spanish banks are interested in providing cryptocurrency services directly to clients and expect the Spanish Central Bank will bring regulatory clarity for crypto.

Reddit Intend To Bring Its Non Fungible Token (NFT) Platform

Reddit is looking to hire people for what could become a new platform for non-fungible tokens (NFTs) and digital goods. ...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.