- Charles Hoskinson declares peak of the bull market to be ‘not even close’.
- The Founder of Cardano expects what he calls a Gigachad bull run on the horizon.
- He believes this phase could be the biggest bull run yet.
As the price of Bitcoin (BTC) continues to trade at what seems to be at a stagnant level of $118,000 over three weeks since its last ATH was set at $123,000, traders grow pessimistic, wondering if the cycle peak has been reached already. On this matter, Founder of Cardano Charles Hoskinson declares peak of the bull market to be ‘not even close’, he expects what he calls a Gigachad bull run to arrive in the coming months.
Charles Hoskinso Declares Peak of the Bull Market ‘Not Even Close’
The crypto community is filled with reputed crypto analysts sharing the secret of the crypto market, from having become experienced traders who’ve seen multiple bull cycle and can estimate the reaction of the current bull cycle based on market and price action. So far, several analysts have made a name for themselves by making significant and accurate price predictions for multiple crypto assets.
However, their expertise is different to that of industry leaders and blockchain experts. These individuals have a unique understanding of the crypto market, for they can foresee what changes their blockchains will bring to the crypto industry in the many years ahead, and one such visionary is the Founder of Cardano, Charles Hoskinson. This leader worked 10 long years to bring his vision for the Cardano ecosystem to life.
For a decade, Hoskinson faced harsh criticism for the slow progress of the Cardano ecosystem. In a time where Hoskinson insisted on taking a slow and steady approach to building the ideal decentralized blockchain, other blockchain hastened their progress. Now, a decade later, Cardano stands as the only capable blockchain in the space while its competitors still have much to fix.
It is this same wisdom and insight that draws the attention of the greater crypto community to the world of Hoskinson’s latest video interview. As we can see from the post above, Hoskinson shares his expectations on what to expect in terms of the bull market price pump and run. When will it occur, and how much liquidity will flow into the crypto market? On this, Hoskinson states that the real bull market phase for the ongoing bull cycle is ‘not even close’.
Cardano CEO Expects Gigachad Bull Run Ahead
In the video, Hoskinson states that we are not even close to the peak of the bull market and finds it unfathomable that there are some in the space who are saying the market is dead. He then says that clarity isn’t even past yet. He said this will result in stablecoins shooting up to $1 – $2 trillion in issuance. He says the total market cap will hit $10 trillion, altcoins will peak, and concludes by saying that this bull cycle will be the biggest bull run yet.
