Cardano: Crypto Community on Twitter Tells Binance.US That Twitter Home Page Should Use $ADA Logo
The cryptocurrency community has voted on the smart contract platform Cardano ($ADA) seeing its logo on Twitter’s pages in a new poll headed by the U.S. arm of leading cryptocurrency exchange Binance.
In a poll that received over 26,000 votes from the cryptocurrency community, Binance.US asked its followers and the wider public which cryptocurrency the microblogging platform should change its logo to next, with the majority of respondents that chose one asset pointing to Cardano.
Most votes, 39.2%, went to the “other” category, and led to a diverse set of responses pointing to multiple digital assets. The single cryptocurrency with the most votes was Cardano at 34.6%, followed by Bitcoin at 21.6%, and Ethereum at 4.7%.
The poll comes shortly after Twitter changed its icon to the symbol of the popular meme-inspired cryptocurrency Dogecoin (DOGE) in a move that had been teased by its current CEO Elon Musk years ago. The price of DOGE has increased sharply as a result.
The icon change was platform-wide and is currently still visible to the social media giant’s estimated 360 million monthly active users, as well as other users visiting the platform. Shortly after making the change, Musk tweeted a meme implying the change isn’t going to be brief.
As CryptoGlobe reported, the cryptocurrency community is expecting the price of Cardano to drop during the month of April, even as its adoption keeps on growing and whales accumulate the network’s native token.
According to respondents on CoinMarketCap’s cryptocurrency price estimates, on average, predictions pointed to ADA finishing the month of April trading at $0.37 per token, down around 7% from the token’s current price of around $0.3969.
The negative outlook comes even at a time in which Cardano is seeing a surge in buying activity from large investors, colloquially referred to as whales. These large token holders have added a total of 150 million tokens over the past month.
According to data shared by crypto analyst Ali Martinez from IntoTheBlock, a blockchain analytics platform, Cardano whales holding between 1 million and 10 million ADA have been on a buying spree, collecting over $57 million worth of the smart contract platform’s native token in a few weeks.
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