Farcaster

ADA is today’s top performer as its price is close to $0.6.
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.
Hoskinson had taken a break from X in recent weeks but published 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.
Cardano’s 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.