WallStreetBets Founder Predicts ADA Will Become the “Official Lobbyist Currency” in 2025

As 2024 comes to a close, crypto market participants are looking ahead to what 2025 might hold after what has been a whirlwind year for the industry with several wins.

The founder of WallStreetBets, a popular market-focused subreddit, has predicted that Cardano's ADA will become the "official lobbyist currency" in 2025.

As 2024 draws to a close, participants in the crypto market are eagerly anticipating what 2025 might bring, following a banner year for the industry with several major wins.

Among the questions and speculations, one influential market observer has offered what many have taken to be a surprisingly positive call for ADA, the native token of the Cardano blockchain.

“Official Lobbyist Currency”

Cardano's ADA will be the "official lobbyist currency" of 2025, according to WallStreetBets founder Jaime Rogozinksi.

Rogozinksi shared this prediction in an X post on Wednesday, December 18, outlining his crypto predictions for the coming year. In addition to his ADA call, he tipped SUI to take over Solana's shine and Ripple to dominate the stablecoin market with its RLUSD token.

2025 Crypto predictions:

- $SUI takes over $SOL

- $ADA becomes official lobbyist currency

- $XRP (ripple) takes over the stable market

Did I miss any?

— wallstreetbets (@wallstreetbets) December 18, 2024

Several members of the ADA community reacted positively to the prediction, as it was interpreted to mean that the asset would gain widespread adoption and recognition, particularly in regulatory and political circles.

“Let’s go, Cardano,” noted Cardano Feed, an X account dedicated to Cardano developments, in response to Rogozinksi's prediction.

The seemingly positive ADA projection comes despite the recent decline in sentiment surrounding the asset.

Cardano Sentiment in the Red

As The Crypto Basic reported on December 17, weighted sentiment around the popular altcoin has turned negative in recent weeks. The metric has dropped from a high of 2 on Santiment Feed's scale to a low of -0.786.

Interestingly, the shift in sentiment coincides with a period of weakness in the asset's price performance.

After rallying over 300% from $0.3263 to $1.3264 in the rally sparked by Donald Trump's election, who showed extreme support for crypto on the campaign trail, ADA has since reversed to trade below the $1 price level after forming what appears to be a lower high on its daily candle chart.

Despite this apparent weakness, ADA whales remain bullish on the asset. As of Wednesday, December 18, data showed that this class of investors purchased 160 million ADA, valued at approximately $160 million.

DisClamier: This content is informational and shouldn't be construed as financial advice. The views expressed in this article may be those of the author and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.