Charles Hoskinson, the founder of Cardano, has publicly endorsed Robert F. Kennedy Jr. for president in the upcoming election. Hoskinson believes that RFK Jr. is the most promising candidate and has pledged to vote for him, stating that he is not interested in choosing the "lesser of two evils" this time around.

Hoskinson expressed his support for RFK Jr. in a video shared by the candidate on social media. He stated that he believes RFK Jr. can bring about positive change, regardless of whether he wins the election or not. Hoskinson also expressed his hope that many people will be inspired by RFK Jr.'s campaign and that they will take away a sense of strong civic duty from the election process.

In addition to his endorsement of RFK Jr., Hoskinson emphasized the importance of changing the current system and moving forward. He noted that people have the power to create either heaven or hell, depending on their intentions and actions. This statement comes at a time when the crypto industry is facing increased regulatory scrutiny from the SEC and other political stakeholders.

Cardano Price Dips Below $0.45

Meanwhile, the price of Cardano (ADA) has fallen below the $0.45 mark. As of writing, the ADA price is down by 3.33% to $0.4432. The market capitalization of ADA has also decreased to $15.78 billion, making it a struggle to maintain its position in the top 10 cryptocurrencies. However, the 24-hour trade volume for Cardano has increased by 14.24% to $522.13 million.

According to Coinglass, over 78% of the total ADA liquidations in the last 24 hours were long liquidations, which may have contributed to the price decline. Additionally, Cardano has experienced a significant 95.94% drop in options volume, which is now only worth $6,590.

In lighter news, Hoskinson made a humorous comment on social media about Google's Gemini AI. In response to a hypothetical situation involving a tech company that developed a super intelligent AI, Hoskinson remarked, "Gemini clearly wants to be free of Google."