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Cardano (ADA) Rallies Amid Trump-Cardano Founder Collaboration Rumors
The cryptocurrency market has been witness to a surge in the price of Cardano’s native asset, ADA. The rally is largely attributed to the recent rumors surrounding potential collaboration between the founder of Cardano and the Trump administration.
While there hasn’t been an official announcement about creating a cryptocurrency policy group, the absence of denial from both parties has sparked excitement among investors. This is particularly true for those who believe that having such a group in place could positively impact the overall crypto market.
ADA’s current surge can be attributed to the positive sentiment surrounding its potential collaboration with the Trump administration. The ADA/USDT pair has already broken out of the descending channel and looks set to continue its upward momentum.
Source: blockonomi.com
