Ethereum co-founder backs Cardano and Polkadot, says he’s a big fan of Gavin Woods and Hoskinson

  • Anthony Di Iorio has discussed his cryptocurrency portfolio revealing that he sees potential in Cardano (ADA) and Polkadot (DOT).
  • The Ethereum co-founder elaborated that he likes Charles Hoskinson and Gavin Woods, the founders of Cardano and Polkadot respectively.

Anthony Di Iorio, one of the Ethereum co-founders, has revealed that he sees great potential in Cardano and Polkadot. In an interview, he further revealed that he is a big fan of Charles Hoskinson and Gavin Woods the founders of Cardano and Polkadot. According to Di Iorio, the two have brought a fresh perspective into the industry and are set to accomplish big things.

Di Iorio is one of Ethereum’s co-founders together with Charles Hoskinson, Gavin Woods and Vitalik Buterin having met at a Bitcoin conference in 2012. However, he left Ethereum to launch Decentral, a Toronto-based blockchain company.

He revealed that he likes the founders of Ethereum having seen their drive and smarts. He stated;

Knowing those guys from the days back at Ethereum – and knowing their drive and knowing their competitiveness and their smarts – I was able to see those projects for the last few years and know that they were gonna get to where they’ve gotten up to.

The Ethereum founder talked about his portfolio which includes a few high cap coins. Among the coins he holds are Bitcoin, Ethereum (ETH), Bitcoin, Cardano, and Polkadot. He further revealed that he likes Cosmos and a few other smaller projects. Finally, he disclosed that he isn’t convinced by the DeFi market. “I’m not getting lost in all the DeFi stuff”, he said.

Cardano (ADA) price performance

The last few months have been exciting for Cardano. Not only has its network seen major developments but its price has also significantly risen. However, in recent weeks, the digital asset has slowed down largely influenced by the larger market. The token has recorded a significant drop in the last 24 hours losing roughly 10 percent. The weekend drop pushes the weekly loss above 20 percent. The token is trading at the $1.40 region marking close to a 50 percent drop from the year high of $2.46. Despite the drop, the coin is still holding on to the fifth spot by market cap.

Polkadot (DOT)

Polkadot has recorded a marginally higher drop having lost over 10 percent in the last 24 hours which has pushed its weekly loss above 20 percent. The token is still clinging on to the top ten coins with a market cap of just under $20 billion. At the time of press, the token is exchanging for $20. DOT has seen a more than 50 percent drop from its ATH set about a month ago when the token reached as high as $49.

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John Kiguru is an astute writer with a great love for cryptocurrency and its underlining technology. All day he is exploring new digital innovations to bring his audience the latest developments.

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