Elon Musk, the innovative CEO of Tesla, SpaceX, and Neuralink, may be leaning towards choosing Cardano (ADA) over Dogecoin (DOGE), the meme-based cryptocurrency that has gained popularity. Recently, Charles Hoskinson, the founder of Cardano, shared some significant remarks regarding Musk.
In a recent interview, Hoskinson expressed optimism about a potential partnership with Elon Musk. The ADA founder highlighted the potential benefits that Musk could bring to a collaboration with Cardano. However, Hoskinson also expressed disappointment at the lack of response from Musk regarding their efforts to establish a partnership.
According to Hoskinson, a partnership with Cardano could provide Musk with various advantages, including the integration of the network protocol, Midnight, which focuses on enhancing privacy on the X platform and improving user security. Additionally, Hoskinson mentioned other reasons for a partnership, such as mutual acquaintance Lex Fridman and the connection between Musk and Ethereum founder Vitalik Buterin.
Elon Musk has long been a vocal supporter of Dogecoin, the popular memecoin in the market. Speculation within the crypto community has suggested the possibility of integrating Dogecoin for payments on the X platform, potentially revolutionizing the world of cryptocurrency.
During the interview, Hoskinson revealed that despite multiple attempts to reach out to Musk, they were unsuccessful in establishing communication. Musk never responded to Hoskinson’s efforts to initiate a partnership.
At the time of writing, the price of Cardano stood at US$0.4301, showing a 1.1% increase in the last 24 hours. The cryptocurrency had a trading volume of US$501,304,070 during this period. However, over the past week, the price of ADA experienced a significant decline, dropping by 5.9% amid recent market fluctuations.
Disclaimer: The opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries inherent risks of financial loss.
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