thecryptobasic.com
Charles Hoskinson, the founder of Cardano, is not pleased with US exchange Gemini’s decision to snub the project while listing new memes like Chill Guy.
Since at least May 2024, speculation has run high that leading crypto exchange Gemini was set to finally list Cardano (ADA). After six months, however, this speculation has failed to materialize with a recent Gemini asset listing decision driving community members to their wit’s end.
Gemini Lists Chill Guy but Still No Cardano (ADA)
On Monday, December 23, Gemini disclosed that it had listed Chill Guy, allowing users to now buy and sell the new Solana meme coin on the exchange. While Gemini may have expected the announcement to spark broad excitement, a section of users is up in arms.
Following the announcement, several Cardano community members have been quick to call out Gemini for its decision to list a months-old meme coin driven only by speculation while dragging its feet to list ADA, a long-time top ten crypto by market cap averaging billions in 24-hour trading volumes.
Surmising the Cardano community’s bewilderment, one user wrote:
“How is Gemini going to list? [sic] Chill guy, but not Cardano ADA.”
The post received support from Cardano founder Charles Hoskinson, who shared a gif of TV host Steve Harvey with the caption “I’M JUST SAYIN.”
https://t.co/Vnqv3SbObg pic.twitter.com/fbuTlN7Bdn
— Charles Hoskinson (@IOHK_Charles) December 23, 2024
The Crypto Basic reached out to Gemini for comment but has yet to receive feedback.
While it is unclear why Gemini has yet to list ADA, its recent decision to list Chill Guy is the latest instance highlighting the rush of crypto projects and firms to get a piece of the action from the meme coin mania that has dominated the sector in 2024.
This mania has regularly generated billions in trading volume and millions in revenue for platforms like pump.fun as users chase the elusive promise of quick riches requiring only a little capital.