Cardano (ADA) founder Charles Hoskinson, who is known for his impressive statements on the cryptocurrency market, has made new statements.
In an interview with Blockchain Daily, Charles Hoskinson said that this time he targeted cryptocurrency exchange Gemini.
Hoskinson criticized Gemini’s refusal to list ADA, claiming the decision cost the platform $70 million in lost revenue.
Experts highlighted that despite Cardano’s widespread adoption and popularity, Gemini is the only major crypto exchange that does not support ADA.
“Gemini is the only major exchange that does not trade with ADA.”
This is estimated to have cost Gemini $70 million over the past five years.
Binance, Coinbase, and all other exchanges trade it, making ADA one of the top 10 cryptocurrencies. ”
Hoskinson pointed out that although Gemini does not list ADA, ADA is currently among the top 10 cryptocurrencies traded on Binance, Coinbase, and other major exchanges.
He argued that despite its success, Gemini’s decision not to list ADA was confusing.
He said someone in the stock market ultimately made a decision that harmed the market and prevented it from generating a significant return of $70 million. Meanwhile, competitors benefited from ADA’s popularity.
*This is not investment advice.