Trump’s Crypto Team: Cardano’s Charles Hoskinson in the Spotlight

Charles Hoskinson, Cardano’s founder, is making the rounds as a top contender for Donald Trump’s crypto adviser role.

Rick McCracken, a Stake Pool Operator, kicked off the buzz on X, suggesting that Charles Hoskinson could play a key role in shaping crypto policy under a Trump-Vance administration. He called Hoskinson the best fit for the job, pointing to his major contributions to the crypto industry.

In a November 8, 2024 post on X, McCracken hinted at Trump’s preference for Hoskinson to oversee crypto affairs.

Many other prominent players joined the discussion, backing MaCracken’s anticipation. Input Output Global President Tamara Hassen endorsed the idea of Hoskinson becoming the crypto advisor, adding that it would be a “wise decision.” An influencer going by Dr.oz also weighed in, asserting there’s a strong possibility of Hoskinson being selected.

While these discussions continue and the community largely supports Hoskinson’s appointment to the post, Cardano’s ADA token has seen notable rise, reaching a monthly high of $0.45. Currently trading at $0.4326, ADA has surged 1.15% over the last day, 22% over the last week, and 28% over the last month.

Read also: Cardano Founder Faces Backlash Over “Cancer” Poll: Is Hoskinson Hurting ADA?

Supporters argue that Hoskinson’s deep involvement in blockchain innovation and his push for regulatory clarity make him an ideal candidate. His consistent advocacy for clearer guidelines from the SEC has further solidified his reputation as a forward-thinking leader.However, the discussions remain just speculations, and no official confirmations have yet been received. Looking closely, there are more strong contenders like Elon Musk, who remained a core supporter of Trump during the election campaign, thus making Trump’s decision uncertain.