Cardano founder Charles Hoskinson has urged the crypto community to "go all in" during the current market downturn. In a recent podcast from Japan, Hoskinson emphasized the need to recommit to building the crypto ecosystem, highlighting that the space has strayed from its original purpose. He described the current market conditions as an opportunity to refocus on the foundational vision of crypto as the "punk rock of finance."
Hoskinson noted that the widespread acceptance of crypto during the 2021 rally led to its integration into the mainstream financial system, causing it to lose its unique appeal. Despite the market's recent decline, with Bitcoin down 13.6% and Cardano down 15.8% year-to-date, Hoskinson remains optimistic. He announced his intention to divest from luxury assets and reinvest in Cardano, underscoring his belief that the current market challenges are temporary and can be overcome with renewed dedication to the original crypto vision.
Cardano's Charles Hoskinson Calls for Renewed Focus Amid Market Downturn
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