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CryptoIntelligence 2024-11-11 03:05:00

Cardano Skyrockets as Hoskinson Tipped to Join Trump Administration

Cardano (ADA) struggled throughout 2024, marking one of the worst performances among major cryptocurrencies, losing over 40% of its value by October. However, November brought a quick rebound as ADA erased nearly six months of losses within just one week and is now eyeing potential gains of over 100% by March 2025. On Nov. 10, Cardano’s price surged over 20%, reaching $0.597, its highest since April. The rise in ADA’s value is partly due to a larger crypto market rally following the reelection of pro-crypto U.S. presidential candidate Donald Trump on Nov. 6. Yet, Cardano’s intraday surge appears mainly fueled

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