Cardano Network Gets Promoted on Racing Car at NASCAR

Cardano Network Gets Promoted on Racing Car at NASCAR
  • NASCAR driver Trent Barnes’ vehicle had the network’s name all over.
  • Charles Hoskinson, the founder of Cardano, surprisingly seemed clueless.

Cardano, a well-known network, and its community seem to be surprised by a sudden event. The network has been criticized for having low adoption and for being less popular than competing assets. As the network debuted in NASCAR, things seemed to be shifting. Charles Hoskinson, surprisingly, was completely unaware of this. A pool operator with the Twitter handle “Bone Pool” has opted to enter Cardano into NASCAR racing. NASCAR driver Trent Barnes’ vehicle had the network’s name all over.

Community-Based Effort

Charles Hoskinson, the founder of Cardano, surprisingly seemed clueless about the project’s backers. This led him to further investigate through Twitter. It’s worth noting that some cryptocurrency exchanges, such as Crypto.com, advertised themselves as sponsors of various sports teams. These sites, however, paid much to be highlighted. It seemed, though, that Cardano was becoming a community-based effort.

The whole cryptocurrency market was bathed in green, a sight that has been more unusual in recent times. The bullish momentum was after the recent CPI release which was lower than anticipated. Several assets were racking up significant gains, while Cardano’s ADA managed little gains. At the time of writing, the altcoin had risen by 6% during the last 24 hours.

Massive interest in the network has been generated in anticipation of the imminent launch of the Vasil hard fork. The network mentions and interactions on social media were both striving to match last week’s all-time high. According to CMC, the Cardano price today is $0.537794 USD with a 24-hour trading volume of $998,528,518 USD. Cardano is up 5.35% in the last 24 hours.

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A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.