- Elon Musk is skeptical on Cardano (ADA)
- Many tweets questioning Elon Musk and ADA relation.
- Tesla might soon accept ADA payments.
Elon Musk, not only the CEO of Tesla and SpaceX, but also one of the most influential people in the crypto industry. Rather a typical controversial person, as stated by many upon the crypto industry. The truth is, Elon Musk has such powers, that a single tweet from him could push up a coin at the same time bring it down. Foundly, known as the ‘DogeFather’, for his epic backing up for the Dogecoin (DOGE).
In regards to all this, now the hot topic is the connection between Elon Musk and Cardano (ADA). Many term that Elon Musk will be backing up ADA effortlessly as he did for the Dogecoin (DOGE).
Elon & ADA Controversy
The very first instance in the tuggle between Cardano (ADA) and Elon Musk dates back to November, 2021. This is when the Cardano Foundation put out a tweet tagging Elon Musk, asking him to ask his team to come and talk to Cardano’s team.
True to the fact, even though Elon Musk remained silent regarding the tweet, it indeed created a huge stir. The price of ADA catapulted during the period. Besides, at various instances, Elon Musk did mention ADA and often talked about its potential.
Furthermore, Cardano Foundation, states itself, that it has all that Elon Musk looks for in a crypto. Indeed, the foundation does seem to be quite confident in getting together with Elon Musk.
Nevertheless, many put up with the question whether Elon Musk has ADA stocked in his wallets. Accordingly, the founder of Crypto Capital Venture, a firm based on outsourcing qualified cryptogeeks for new crypto firms and startups, Dan Gambardello posted a tweet, asking Elon, if he does have stock of ADA!
However, in a personal opinion, for sure, Elon Musk does possess ADA, but the true question is how much? Anyways, that’s something only his wallets knows.
A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.