Popular macro economist and crypto analyst Alex Krüger explained on Saturday (October 9th) one of the main reasons for the rise in popularity of Cardano’s native token, ADA, as new retail investors enter the crypto market. we too cryptocoin.com We have compiled the latest developments for you, along with Alex Krüger’s posts about the altcoin project.
Is it the magic of Charles Hoskinson that makes the altcoin project attractive?
Macro economist and crypto analyst Alex Kruger shared the following tweet regarding the altcoin project:
I just met an old friend of mine who is new to the crypto business. The first cryptocurrency? I bet it’s ADA. Because of a podcast. Newcomers always go to the ADA. In a word, magnificent.
When one commenter wondered why, Alex Krüger believed that Cardano’s huge popularity among newcomers was due to the YouTube channel of Charles Hoskinson, Co-Founder and CEO of Cardano’s R&D company IOHK (aka IOG). told:
One of life’s mysteries is how all the noobs (the losers) get to the ADA.
This is Charles’ youtube magic.
According to the economist, there is no other altcoin project head in the crypto space as passionate or energetic as Charles Hoskinson, who regularly updates his YouTube channel. For example, he held the “Ask Me Anything” session from September 19. On September 29, a few days after the two-day Cardano Summit 2021 ended, Charles Hoskinson announced on social media that he was taking a well-deserved two-week break:
Now that the summit is over and Alonzo is on his way, I’m taking two weeks off. No social media, no work, I just want to go to my farm and relax. See everyone for a tour of Africa.
What are the new developments in Cardano?
Also earlier today, dcSpark CTO Sebastien Guillemot and former EMURGO’s Eng. and Cardano PM Co-President expressed that many companies are interested in using the new sidechain project that will allow execution of EVM-compatible smart contracts from the Cardano mainnet:
Do you want to enable Solidity developers to deploy on Cardano as well? We have many companies reaching out to us that want to use Milkomeda distribution at ADA Cardano and this is only possible with your support. Please vote for our 3 Catalyst offers below.
On Friday, October 8th, IOHK’s development team released its latest weekly status reports. Here are a few key points, according to the report:
- The Daedalus team has released “Daedalus testnet v.4.3.2”.
- The Adrestia team is “trying to design a new GraphQL component to support Lightwallets.”
- The DEVOPS team “worked on the preparations for the October maintenance update.”
At the time of writing, Cardano (ADA) was trading around $2,268, according to data provided by CoinMarketCap.
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