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The year-to-date trend for green cryptos remains very bullish. ADA has propelled 32%, and DOT witnessed a 37% surge, just to name a few

The year-to-date trend for green cryptos remains very bullish. ADA has propelled 32%, and DOT witnessed a 37% surge, just to name a few| FXMAG.COM
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  1. As more are becoming aware and concerned about our environment, green crypto projects have picked up steam

    We reached out to Ali Daylami, Head of Data Analytics at BITMarkets, to find out what's his approach to news that recent Elon Musk narration on sustainability may affect more "green" crypto.

    the year to date trend for green cryptos remains very bullish ada has propelled 32 and dot witnessed a 37 surge just to name a few grafika numer 1the year to date trend for green cryptos remains very bullish ada has propelled 32 and dot witnessed a 37 surge just to name a few grafika numer 1

    Ali Daylami (BITMarkets): It's a great question. Environmentally-friendly cryptocurrencies like Cardano and Polkadot are great for the ecosystem; not that of just the crypto space, but our world as we know it.


    As more are becoming aware and concerned about our environment, green crypto projects have picked up steam


    Elon Musk has been a long advocate for sustainability and renewability. I don't believe that the initiatives of his teams at Tesla to build a sustainability master plan will go unnoticed. As more are becoming aware and concerned about our environment, green crypto projects have picked up steam.

    Read next: UK economy: according to Ebury analyst, recession is becoming increasingly less likely| FXMAG.COM

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    The year-to-date trend for green cryptos remains very bullish. ADA has propelled 32%, and DOT witnessed a 37% surge, just to name a few. I believe that if the public deems Musk’s whitepaper as feasible, the bullish trend will not only drive green cryptocurrencies upwards, but the crypto market as a whole.


    Ali Daylami

    Ali Daylami

    Chief Market Data Scientist, 6+ years of expertise in crypto data analysis & traditional financial markets, primary focus on exploring prevalent market trends.

    Follow the author on:

    LinkedIn | Twitter

     

     


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