Wednesday, April 21, 2021
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In A Recent Live Stream “Price And Value” Cardano CEO Said Ada Price Can Rise To $10 In Future

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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

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown has obtained his master's degree in Stock Trading And Investing. His specialty is analyzing the price actions of crypto and stock markets. Albert provides a major role in TheCryptoBasic as a crypto analyst. He is also known for his work on Twinkle Magazine and TipRanks.

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