{"id":38840,"date":"2022-10-29T13:14:11","date_gmt":"2022-10-29T17:14:11","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=38840"},"modified":"2022-10-29T13:14:13","modified_gmt":"2022-10-29T17:14:13","slug":"hoskinson-encourages-dogecoin-to-migrate-freely-to-cardano","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hoskinson-encourages-dogecoin-to-migrate-freely-to-cardano\/","title":{"rendered":"Hoskinson encourages Dogecoin to migrate freely to Cardano"},"content":{"rendered":"\n
Charles Hoskinson believes Dogecoin ought to join the Cardano sidechain<\/a> and is eager to assist the meme coin in its free migration.<\/h5>\n\n\n\n
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Hoskinson encourages Dogecoin to migrate freely to Cardano<\/figcaption><\/figure>\n\n\n\n

In response to a tweet wondering what will happen to Dogecoin<\/a> when Elon Musk purchased the social media site Twitter, Charles Hoskinson responded with this comment.<\/p>\n\n\n\n

\n

Now that Twitter is in the hands of @elonmusk\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> I can see a real possibility that doge will somehow merge with the platform.<\/p>— Charles Hoskinson (@IOHK_Charles) October 28, 2022<\/use><\/svg><\/span><\/a><\/blockquote>

Hoskinson <\/use><\/svg><\/span><\/a>asserts that a DOGE and Twitter merger is a possibility. When asked if the proof-of-stake network for the meme coin would be implemented, he responded:<\/p>\n\n\n\n

\u201c(Dogecoin) should be a Cardano sidechain. I\u2019d do the migration for free. Hell, I\u2019d even add smart contracts.\u201d<\/p><\/blockquote>\n\n\n\n

This assertion is consistent with his past predictions that Cardano will serve as a network of interconnected blockchains.<\/p>\n\n\n\n

Dogecoin Speculation Following Elon Musk's Purchase of Twitter<\/h2>\n\n\n\n

Elon Musk, who promoted the meme in multiple tweets, was largely to blame for its rise. He also turned it into a way to trade for Tesla's goods.<\/p>\n\n\n\n

There were rumors that Elon Musk intended to facilitate the use of Dogecoin on social media sites before he purchased Twitter. With his ownership of the business, speculation around a prospective integration grows.<\/p>\n\n\n\n

Elon Musk<\/a>, the CEO of Tesla, has already altered a few aspects of Twitter, but he has not yet revealed his long-term objectives for the social media site.<\/p>\n\n\n\n

Additionally, according to tech blogger Jane Manchun Wong, Twitter is developing a prototype wallet that handles cryptocurrency deposits and withdrawals.<\/p>\n\n\n\n

Dogecoin has risen since Elon Musk took over Twitter; it has gained 44.3% in the previous seven days and is currently trading at $0.085692. Based on the expectation of what Musk will do with Dogecoin now that he controls Twitter, DOGE has had a bull run.<\/p>\n\n\n\n

The $3.8 billion in trading activity for DOGE <\/a>over the past 24 hours indicates that many traders are now investing in it. It has returned to the top 10 cryptocurrencies by market cap thanks to its recent rise.<\/p>\n\n\n\n

Additionally up 5.2% over the past 24 hours and 16.1% over the previous 7 days is Cardano ADA. Following the recent increase in the overall market, ADA has increased.<\/p>\n","protected":false},"excerpt":{"rendered":"

Charles Hoskinson believes Dogecoin ought to join the Cardano sidechain and is eager to assist the meme coin in its free migration. In response to a tweet wondering what will happen to Dogecoin when Elon Musk purchased the social media site Twitter, Charles Hoskinson responded with this comment. Hoskinson asserts that a DOGE and Twitter […]<\/p>\n","protected":false},"author":38,"featured_media":38851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[193,157,601],"class_list":["post-38840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cardano","tag-dogecoin","tag-hoskinson"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/charles-hoskinson-24-1.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=38840"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/38851"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=38840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=38840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=38840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}