In the crypto community, debates are raging over whether the efficient Department of Government Expenditure (D.O.G.E) under Elon Musk’s leadership will use the Cardano (ADA) blockchain to track government expenses. Despite Cardano’s lower rankings in some criteria, some supporters believe Cardano can help the United States track government expenses more efficiently. This discussion arises as Elon Musk plans to use blockchain technology as a tool for D.O.G.E Department missions. In this regard, Cardano’s ecosystem members have pointed to the advanced technologies of this blockchain and believe that U.S. treasury expenses should be recorded and tracked in a public ledger. One user on Platform X stated that Cardano is a suitable choice that has implemented innovative technologies, including the Plutus hard fork, and made its governance system more decentralized last year. However, competing blockchains like Ethereum and Solana are also considered options for this project. Ethereum is known as one of the prominent smart contract protocols and is very popular. Solana, which has received significant support from the Trump family, is another option being discussed. Meanwhile, Charles Hoskinson, the founder of Cardano, has officially proposed to assist the D.O.G.E Department, although this proposal has not been accepted yet. Additionally, Cardano supporters consider features such as over 7 years of stable activity, innovations verified by peers, and design for regulatory compliance as reasons for this choice. Currently, the ADA price has reached $0.8 with a 15% increase in the past 24 hours. According to predictions, considering future advancements and the potential acceptance of Cardano by the D.O.G.E Department, the chance of the price of this cryptocurrency rising to $2 is high. You can view the prices of all tokens and cryptocurrencies in real-time on the momentary price page.
