Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Cardano's ADA Tokens Surge 33% as Founder Plans to Shape US Crypto Policy Under Trump Administration

Cardano's ADA Tokens Surge 33% as Founder Plans to Shape US Crypto Policy Under Trump Administration

CointimeCointime2024/11/10 16:12
By:Cointime

Cardano's ADA tokens experienced a 33% surge in value over the past 24 hours, surpassing bitcoin and other major cryptocurrencies. This increase in value is attributed to founder Charles Hoskinson's announcement that he plans to assist in shaping U.S. crypto policy under the Trump administration. ADA's trading volumes also saw a significant increase, reaching $3.3 billion on Saturday compared to $300 million the day before. Additionally, open interest in ADA-denominated futures rose to 858 million ADA, indicating an influx of new money and expectations of higher volatility in the future.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Now You Can Get a UAE Golden Visa With USDC

Imagine living in one of the world’s safest, most advanced countries with a booming economy and no taxes

Altcoinbuzz2024/11/13 06:33

ENS Domains’ New Layer-2, “Namechain,” Is Coming Soon

Have you ever wanted your own unique name or brand on the internet? That’s where Ethereum Name Service, or ENS, comes in

Altcoinbuzz2024/11/13 06:33