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You probably know by now that Elon Musk’s tweets managed to make the price of Bitcoin drop, but strong hands continue to hold, and they even bought the dip.
The Cardano Foundation also felt the need to address this issue. Check out the post that they shared on their social media account.
Elon recently took on the whole of #Bitcoin on Twitter 🤦
In our first instalment of our Fireside chat series, Eva talks about the tribal nature of Crypto and the key to long-term success.
Don’t forget to subscribe for the upcoming Q&A 👉 https://t.co/RJ4bJ2fBbN @F_Gregaard pic.twitter.com/XWFhwJmyl9
— Cardano Foundation (@CardanoStiftung) May 17, 2021
Here’s also the video that you should definitely be watching.
A follower said: “#Cardano is changing the world and the mentality of the people every day. Enjoy this journey. From ALPCH, we want to contribute to help our planet! #Stakepool $ADA.”
Another follower posted this messaage: “#Cardano is the best #cryptocurrency; liquid, limited, POS, thoughtfully designed & forward-thinking. But @MCuban has a point. $ADA “marketing” is abysmal & this matters. #Crypto is a furiously competitive race, and the “best” will not necessarily be the winner. Get aggressive!”
Someone responded with: “You are 100% correct. @IOHK_Charles may not care what the price of ADA is, but it absolutely has an effect on the understanding, perception, and even the growth regardless of what the opinion is. This is fact.”
Cardano targets billions of users
IOHK CEO Charles Hoskinson recently explained that Cardano is being built to service billions of users around the globe.
He said that the motivation behind the development of the project is based on two key questions.
“The point of Cardano is to ask, ‘Where do we need to go? What do we need to do to have an ecosystem with a billion people, not an ecosystem with a million, and be able to sustainably provide a financial operating system for that?’”