Big news about Cardano (ADA), a type of cryptocurrency! Its price went up a lot, then down. Let's find out why.
Imagine cryptocurrency like digital money. Cardano is one kind, and its value changes a lot. Recently, it had a big price swing.
- Trump talked about using crypto, and Cardano's price jumped 60%!
- But then, the price dropped to $0.82 after Trump's official order (didn't include Cardano).
- Cardano's creator wasn't invited to a big crypto meeting at the White House.
- Good news: Cardano might be added to Gemini, a big crypto trading place, and could get its own easy-to-buy investment (ETF).
| Fact | Detail |
|---|---|
| Price Change | Up 60%, then down to $0.82, then recovered slightly |
| Cardano's Rank | 8th biggest cryptocurrency |
| Market Cap | Around $31 billion (that's a lot of money!) |
| ETF Approval Odds | 70% chance by the end of 2025 |
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