
{"id":19283,"date":"2024-11-10T07:27:38","date_gmt":"2024-11-10T07:27:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=19283"},"modified":"2024-11-10T07:27:38","modified_gmt":"2024-11-10T07:27:38","slug":"cardano-ada-soars-30-daily-as-founder-charles-hoskinson-makes-big-announcement","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=19283","title":{"rendered":"Cardano (ADA) Soars 30% Daily as Founder Charles Hoskinson Makes Big Announcement"},"content":{"rendered":"<p>Charles Hoskinson, the founder of IOG, the entity behind Cardano, has returned from his recent absence on X with a notable announcement regarding his role in the Trump administration.<\/p>\n<p>The native token of the Cardano ecosystem skyrocketed immediately, charting gains exceeding 30% daily. ADA currently sits at a multi-month peak of almost $0.6.<\/p>\n<p>Cardano just gained back 6 months of losses in 5 days.<\/p>\n<p>Crypto is a game of patience. <a href=\"https:\/\/t.co\/l1B1lUYbmU\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/l1B1lUYbmU<\/a><\/p>\n<p>\u2014 Dan Gambardello (@cryptorecruitr) <a href=\"https:\/\/twitter.com\/cryptorecruitr\/status\/1855469325303349539?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 10, 2024<\/a><\/p>\n\n<p>Hoskinson had taken a break from X in recent weeks but <a href=\"https:\/\/x.com\/IOHK_Charles\/status\/1855371758548959707\" target=\"_blank\" rel=\"noopener\">published<\/a> his first 40-minute video hours ago. Perhaps the most notable piece of information that came out of it involves the upcoming new administration of the president-elect, Donald Trump.<\/p>\n<p>The co-founder of Ethereum said he will spend a lot of time in 2025 working with the US policymakers to establish a more comprehensive and perhaps favorable regulatory framework for the digital asset industry.<\/p>\n<p>\u201cThe crypto policy should be written by the American people, by the American crypto industry, and by well-meaning lawmakers who are willing to take the time to listen.\u201d<\/p>\n<p>To be more effective, Hoskinson said IOG will make some internal changes that will include moving personnel around so that they can have an office dedicated to helping establish the crypto legislation.<\/p>\n<p>Cardano\u2019s native token reacted immediately to the news, which spread quickly on X. ADA traded at $0.44 earlier on Sunday but soared in minutes to nearly $0.6. Despite retracing slightly since then, ADA is still over 30% up on a daily scale and 70% higher compared to the same time last week.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/ADAUSD.png\"><\/a>ADAUSD. Source: TradingView<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/cardano-ada-soars-30-daily-as-founder-charles-hoskinson-makes-big-announcement\/\">Cardano (ADA) Soars 30% Daily as Founder Charles Hoskinson Makes Big Announcement<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Charles Hoskinson, the founder of IOG, the entity behind Cardano, has returned from his recent absence on X with a notable announcement regarding his role in the Trump administration. The native token of the Cardano ecosystem skyrocketed immediately, charting gains exceeding 30% daily. ADA currently sits at a multi-month peak of almost $0.6. Cardano just [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":19284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19283"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19283"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/19284"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}