Cardano (ADA) has had a rollercoaster year, dropping over 40% by October 2024, but November saw a dramatic rebound, erasing months of losses in just a week. ADA surged over 20% on Nov. 10, reaching $0.597, fueled by a broader crypto rally after Donald Trump's pro-crypto reelection and rumors of Cardano's Charles Hoskinson joining Trump's administration. However, Hoskinson clarified there's no formal offer. Despite ADA's overbought status, it could double by March 2025 if it maintains support levels, though risks of a pullback remain. Always research before investing.