Cryptocurrency and blockchain enthusiasts are known to show an exaggerated display of love for their favorite tokens and projects. But one cryptocurrency fanatic has taken his enthusiasm to the next level by naming his son after his favorite crypto project, Cardano.
The Cardano fan used his Twitter username @ Brunokarno1 to announce that he had named his first child after the popular blockchain platform to show his support and love for the burgeoning project.
The cryptocurrency lover’s son was born on November 25. At the time, Cardano’s native token was trading at $ 1.55, according to coinmarketcap.
Charles Hoskinson, co-founder of the Cardano project, welcomed the baby. He took to Twitter and said, “Welcome baby Cardano to the world.”
Cardano’s price has been on a roller coaster ride, fluctuating continuously for the past few days, according to data from market currency. Currently ADA, the Cardano blockchain-based cryptocurrency, is trading at $ 1.54. The coin has lost 2.5 percent in the last 24 hours and 6.5 percent in the last seven days.
Even though the coin has lost a significant percentage of its value in the last two months, it is still in the top 10 cryptocurrencies on the market, with a market capitalization of more than $ 51 billion.
Cardano was launched in 2017 as a proof-of-stake blockchain platform and was among the crypto tokens that were touted as ‘Ethereum killers’ alongside other coins, Solana and Polkadot. Despite falling short of the goal of making ethereum obsolete, Cardano has continued to receive support from its fans.
The blockchain platform, which in turn was named after a real person, the Italian scholar Gerolamo Cardano, considered one of the most influential mathematicians of the Renaissance era, has continued to grow for the past four years. In September this year, the platform saw the launch of 200 smart contracts on Cardano’s blockchain explorer. The cryptocurrency ADA is named after the English writer and mathematician Ada Lovelace.