Cardano Celebrates Birthday As Coin Advances 33% In Week

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Last Updated on 10 March 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Charles Hoskinson, CEO of Input Output HongKong and founder of Cardano, led the celebrations for the project’s third anniversary just as ADA retook the top ten position on CoinMarketCap and advanced 33% in a week.

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Republican favour

I have always assumed that Charles’ rather pro-Republican, and thus pro-Trump stance of his tweets might hurt his chances with the cryptosphere to find a grand public for Cardano, but so far I must admit he’s been able to keep the two separated.

In fact, his Twitter feed is mostly a nice mix of personal opinions and worldviews together with praise for Cardano.

Today he is retweeting South Korean celebrations as Cardano has its third anniversary already. The coin set up by Charles, who used to work alongside Vitalik Buterin (Ethereum), is having a stellar year and even though it had a difficult month of August, September proved to be a comeback.

The Cardano foundation’s new CEO, Frederik Gregaard, declared in an interview earlier this week that:

When you have an open project like this one, to convey this certainty to the larger corporations that we are going to be around in the next 10 to 20, 30 years.

So you can build on us also for the long term, that we are sound both in terms of finances, but also in terms of team and people.

Top ten

Cardano, which recently won praise from the Swiss government as well, has firmly retaken the top ten spot at CoinMarketCap today with a market capitalization of $3.2 billion and even has Bitcoin SV in its sights at the ninth position. Just behind it, Crypto.com Coin and Litecoin are not too far behind.

At the time of writing, the Cardano price is trading for $0.104, up 6.25% for the day, up 33% for the week.

Charles Hoskinson didn’t even mention the retaking of the top ten and continued celebrating, stating in his YouTube video to commemorate Cardano’s birth that it simply caught the whole world by surprise.