Cardano Founder Interview Generates HUGE Wave of FOMO, Followed By a Letdown
π There was a massive spike in bullish sentiment toward Cardano yesterday, followed by an immediate price drop. This was related to founder Charles Hoskinson's
Not financial advice. DYOR.
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π There was a massive spike in bullish sentiment toward Cardano yesterday, followed by an immediate price drop. This was related to founder Charles Hoskinson's interview where he, among other topics:
π Expressed his concerns over the CLARITY Act
π Criticized Ripple CEO Brad Garlinghouse
π Warned of an AI global takeover
π Those in favor of Cardano called this a "call out" of important topics. Those who generally don't like the asset or Hoskinson referred to it as a "crashout".
π£οΈ Regardless, the public interview has generated considerable social media buzz, and it created a temporary wave of FOMO that led to downward price momentum.
π Markets move the opposite direction of the crowd's expectations. Bookmark this Santiment chart to counter-trade for any asset when retail gets overly bullish or bearish!
Not financial advice. DYOR.
