Cardano Creator Says Bear Markets Are “Pretty Comfortable”

Cardano founder Charles Hoskinson said that the cryptocurrency market is comfortable right now. Hoskinson said bull markets are “frustrating” because no one wants to cooperate. “You have a lot of poaching, unrealistic wages and unrealistic expectations,” said the founder of Cardano.

The Cardano founder, who has gone through seven bear markets, claims that big developments like smart contracts often come in the toughest of times.

Cardano is on the verge of releasing the Vasil hard fork, which is expected to be released on June 29. Hoskinson also claims that the trading volume on Cardano has “grown exponentially.” Therefore, the team of developers is implementing new upgrades to meet the additional demand.

Hoskinson chose the NFT field as a “surprising” area for growth. It is estimated that 40% of all applications deployed on Cardano are NFT related.

Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing amknews.com site 3 months ago.