The CEO of Cardano, Charles Hoskinson in a recent tweet has stated that ADA does not need Cardano 2 to survive, this is in a bid to clear the Fear, uncertainty and doubt (FUD) around ADA.
The crypto market’s fear, uncertainty, and doubt (FUD) regarding the seemingly never-ending ADA decline have been felt by Cardano’s Charles Hoskinson. Despite the growing issue, he reacted by saying that Cardano does not require some mystical Cardano 2 to thrive.
Furthermore, he claims that the current uncertainty is a future-proof design and evidence that will dispel any doubts whenever Cardano regains a prestigious strength to spike a new price forecast.
And they are terrified because there doesn’t need to be some magical Cardano 2 to survive. It’s a future proof design and we are systematically building towards it together with the strongest and most engaged community brick by brick https://t.co/JDOKhAwrZA
— Charles Hoskinson (@IOHK_Charles) November 28, 2021
Hoskinson boldly stated in the post that they had partnered with an exceptional performance to systematically increase ADA’s functionality.
In addition, he made a smooth declaration that ADA will begin a flourishing performance in a step-by-step method in the following days, even with the support of their most-engaged Cardano community.
Many believe that ADA’s FUD is so strong in the market because it claims to be an Ethereum-alternative cryptocurrency (ETH). Others, on the other hand, are convinced that, whatever happens, Cardano is not at the end of the road. Rather, it’s getting ready to make a competitive bullish comeback.
Cardano has a market value of $53 billion and is now trading at $1.59. Despite the turmoil, the ADA’s market cap value places it as the world’s sixth-largest cryptocurrency on CoinMarketCap.
