Charles Hoskinson, CEO of IOHK, stated that Dogecoin should become the Cardano sidechain.
Hoskinson stated that he would support something like this and could provide the transition for free.
Charles Hoskinson Speaks About Dogecoin
Saying that Dogecoin should be the Cardano sidechain, Hoskinson said he can even add smart contracts.
The Cardano founder thinks there is a “real possibility” for the biggest meme token to “merge somehow” with Cardano.
Should be a cardano sidechain. I'd do the migration for free. Hell I'd even add smart contracts
— Charles Hoskinson (@IOHK_Charles) October 28, 2022
Dogecoin Price Rises
Dogecoin price surged after Elon Musk bought Twitter. However, the meme token has only seen a 2.2% increase in the last 24 hours.
Musk stated that DOGE, which he has repeatedly increased in value, will be a part of Twitter if the acquisition is completed. However, there is no concrete plan regarding the asset yet.
Elon Musk completes his Twitter deal for $44 billion. Musk, who abandoned the agreement on the grounds that Twitter did not provide the necessary information about bot accounts in the first place, stepped back from his decision after the case was brought to the judiciary.
Changes to the social media platform by Musk, who changed his Twitter bio to “Chief tweet”, are eagerly awaited.