Cardano co-founder Charles Hoskinson is never any longer invited to the White House Crypto Summit Friday, in step with a White House source aware of the guest list.

“They’re working spherical town trying to push their maintain invent of legend,” the White House source said. “They’re no longer serious about something else about trying to steer coverage and they also put no longer appear to be invited to Friday’s summit.”

Hoskinson’s title used to be anticipated on the guest list for the Friday tournament after President Trump said that Cardano’s $35.6 billion token, ADA, will most in all probability be integrated in a crypto reserve on Fact Social Sunday. “A U.S. Crypto Reserve will elevate this serious industry after years of inappropriate assaults by the Biden Administration, which is why my Government Repeat on Digital Resources directed the Presidential Working Community to switch forward on a Crypto Strategic Reserve that entails XRP, SOL, and ADA,” Trump said within the submit.

The ADA mark spiked over 100% to a mark of $1.14 on the records, forward of declining to a present mark of $0.97.

In actual fact, neither Hoskinson nor any representatives for Cardano had been invited to meet with the president since inauguration. Many within the crypto community had also taken X posts from Hoskinson in February to mean that he will most in all probability be attending a fundraising dinner for legitimate-crypto PAC MAGA Inc. this previous Saturday.

On February Tenth, Hoskinson said that he had a “VIP dinner” scheduled that had moved from February “twenty second to the first,” mirroring the scheduled dates of the MAGA Inc dinner. Closing Thursday, Hoskinson said he would “miss ETH Denver” on story of he “needed to streak to Florida for a factor.”

However, Hoskinson used to be no longer invited to the MAGA Inc dinner, in step with the White House source. Hoskinson used to be also in Denver for an ETH Denver side tournament, in step with a source who used to be present.

Representatives for Cardano did now not answer to a straight away question of for comment.