There is no argument that the digital asset market is enjoying unprecedented growth this year. In fact, that increased adoption has won the eye of President Trump’s Department of Government Efficiency (DOGE) committee. As the group focuses on the adoption of potential blockchains, Cardano could play for an Elon Musk-led Doge, allowing him to see Ada surge.
The past few weeks have not been friendly with cryptocurrency. Despite entering the year with incredible hype, it has yet to make the most of it. Still, the network surpasses the 5.2 million user milestones that can signal changing tides. Moreover, adoption by the US government could help drive it to new heights.
Cardano could be adopted as an Elon Musk dog, says Charles Hoskinson.
The US government has completely changed its stance on cryptocurrency this year. With the arrival of newly elected President Donald Trump, the country has tried to accept asset classes, unlike before. It could manifest itself in the adoption of blockchain at many federal levels.
But the first dominoes that fell could be found in Trump’s newly created government spending committee. Additionally, you may have one candidate in mind for the group. Certainly, Cardano may have been played for Elon Musk’s Doge. This is because when it becomes a collective official blockchain, it can make a falling out.
Cardano founder Charles Hoskinson recently discussed the idea in a post on X (formerly Twitter). So he spoke about the possibility of US government adopting blockchain. Specifically, he pointed out that Musk and Doge are the catalysts for that big change. He added: “Cardano will join in that conversation? I’d believe it.”
Over the past few weeks we have seen the ADA struggle. According to Coinmarketcap, Cardano has fallen by more than 22% over the past 30 days. Plus, it continues to lose its value, falling below $0.8 at the end of the week. But there are many who believe that the turnaround is approaching.
Doge’s involvement may be exactly what it takes. Furthermore, it could further boost Concodex predictions on Token’s Crypto Prowinction Platform. Specifically, we expect assets to reach a high of 2025 $1.48 this summer. This indicates an increase of 96% from the current position.
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