On Saturday (October 9), popular macro-economist and crypto analyst Alex Kruger explained one of the main reasons for the popularity of Cardano’s native token $ADA with new retail investors entering the crypto market.
Kruger tweeted:
Just met with an old friend mine who just got into crypto.
His first coin?
You bet, $ADA. Because of a podcast. Newcomers always go for $ADA. Simply amazing.
— Alex Kruger (@krugermacro) October 9, 2021
And when a commentor wondered about the reason for this phenomenon, Kruger replied that he believed Cardano’s huge popularity with newcomers was due to the YouTube channel of Charles Hoskinson, Co-Founder and CEO of IOHK (aka IOG), Cardano’s R&D company:
It's Charles' youtube magic
— Alex Kruger (@krugermacro) October 9, 2021
There is no denying that it is hard to think of the head of any other projects in the crypto space that are as passionate or energetic as Hoskinson, who provides regular updates on his YouTube channel. For example, here is an “Ask Me Anything” session from September 19:
On September 29, a few days after the two-day Cardano Summit 2021 ended, Hoskinson announced a well-deserved two-week break from social media:
Now that the summit is done and Alonzo has shipped, I'm taking two weeks off. No social media, no business, just going to my ranch and relaxing. See everyone for the Africa tour pic.twitter.com/FWKoWtWOrn
— Charles Hoskinson (@IOHK_Charles) September 29, 2021
According to data by TradingView, currently (i.e. as of 11:30 UTC on October 9), on crypto exchange Kraken, $ADA is trading around $2.2804.
