Charles Hoskinson Emerges as a Top Contender for Donald Trump’s Crypto Adviser Role

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

Cardano founder Charles Hoskinson is being touted as a top contender for Donald Trump’s crypto adviser role.

The buzz began when Stake Pool Operator Rick McCracken suggested on X that 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.

I hope the Trump – Vance administration considers picking Charles Hoskinson as a crypto policy advisor

He is highly qualified and turned Cardano over to the community so he should have some free time when he gets back from hiatus.

The post sparked a wave of anticipation among crypto enthusiasts, with many hoping to see Hoskinson appointed to the role. Several prominent figures in the crypto space also joined the discussion, lending their support to McCracken's suggestion.

Input Output Global President Tamara Hassen endorsed the idea of Hoskinson becoming the crypto adviser, 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.

As these discussions continue and the community largely supports Hoskinson's appointment to the post, Cardano's ADA token has seen a 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.

Hoskinson's deep involvement in blockchain innovation and his push for regulatory clarity have made him an ideal candidate in the eyes of his supporters. His consistent advocacy for clearer guidelines from the SEC has further solidified his reputation as a forward-thinking leader in the crypto space.

However, it is important to note that these discussions remain in the realm of speculation, and no official confirmations have yet been received. Several strong contenders are in the running, including Elon Musk, who remained a core supporter of Trump during the election campaign. This adds an extra layer of intrigue to the proceedings, as Trump's decision is still up in the air.

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