Dogecoin 2.0? Cardano Founder Pushes to Overhaul DOGE for Elon Musk’s X

Charles Hoskinson, the founder of Cardano, has reiterated his proposal to technically upgrade Dogecoin (DOGE) with the goal of establishing it as the native currency for Elon Musk's social media platform, X. This offer, initially made in March 2025, suggests using a pre-existing Bitcoin 2 roadmap as a foundation for the transformation. Hoskinson views this as a "once-in-a-lifetime" opportunity to collaborate with Musk. Elon Musk has historically supported Dogecoin, calling it the "official currency of the internet" in 2022, though X has not yet integrated DOGE into its limited 'X Money' beta. Despite the renewed push, the market reaction for both Cardano (ADA) and Dogecoin (DOGE) has been modest, with analysts suggesting broader market trends are currently having a greater impact than this announcement.

(Source：BeInCrypto)