Cardano’s Hoskinson Goes to SpaceX, ADA Price Reacts

As a researcher with a keen interest in both blockchain technology and space exploration, I found Charles Hoskinson’s recent visit to SpaceX intriguing. Having been fortunate enough to tour NASA facilities in my youth, I can attest that the energy and enthusiasm at SpaceX rivals anything I’ve ever seen. It’s truly inspiring to witness such a dedicated team striving for interplanetary colonization.


The co-founder of Cardano recently disclosed details about his visit to SpaceX, owned by Elon Musk, and the conversations they engaged in.

In his recent YouTube vlog, he mentions going to SpaceX headquarters in California: “I’m back from California, where I recently visited the SpaceX team and had a chance to tour their entire facility. They build a rocket every two days—these guys are on fire! I’ve never seen a company that is well-run, with people who are so smart and motivated in their jobs.”

Furthermore, Hoskinson lauded Musk and his endeavor, stating that “constructing a company as remarkable as that in the 21st century is truly an outstanding accomplishment. It’s also delightful to engage with individuals who genuinely relish their work. Every individual I encountered there was brimming with enthusiasm and ardor, expressing ideas like, ‘We’re heading to Mars! The Mars mission—we’re making this a reality.’

Although Hoskinson couldn’t reveal the exact particulars of his meeting because of a confidentiality agreement, he suggested that negotiations were underway and promised to disclose further information as soon as it becomes appropriate.

Well, we’ve been talking about topics that are still confidential, so I can’t share details just yet, but rest assured, I’ll speak up once I’m allowed to.

In a recent post on X, Hoskinson has also debunked speculations on his future appearance on Joe Rogan’s podcast:

There seem to be many discussions about my appearance on The Joe Rogan Experience. However, at present, I don’t have a scheduled date for that show. It’s essential to maintain accuracy and avoid spreading unfounded rumors. Rest assured, I will inform everyone promptly if plans for the JRE do materialize.

— Charles Hoskinson (@IOHK_Charles) November 15, 2024

ADA price goes ballistic

As a researcher, I’ve observed an astonishing surge in the value of Cardano’s Ada token recently. Over the past week alone, it has skyrocketed nearly 70%, pushing its market capitalization up by 23.4%. Furthermore, trading volume has seen a significant increase of 149.48% to an impressive $4.87 billion.

On Friday, the value of the cryptocurrency peaked at $0.76. Currently, it’s being exchanged at approximately $0.72 due to a slight adjustment, with it now ranking as the 9th most valuable cryptocurrency by market cap.

Based on the current market forecast, renowned analyst Ali Martinez has presented a graph suggesting that the price of ADA could potentially hit a record peak (peak never seen before) of around $6 in the upcoming years.

#Cardano $ADA will reach $6 by July – September 2025!

— Ali (@ali_charts) November 15, 2024

The projection for Cardano’s growth has sparked excitement within the ecosystem, with the broader community showing confidence in ADA’s potential to reach significant heights. 

Although analyst Ali Martinez expresses a positive perspective, he advocates a more cautious forecast, estimating that Cardano could achieve its projected growth by September 2025. His analysis is grounded in the historical backdrop of the COVID-19 market downturn, during which ADA’s price dropped to as little as $0.03. This grim period serves as a reminder of ADA’s resilience and potential for rebound and future profits.

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2024-11-16 12:01