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💥MegaETH testnet kicks off March 6. App and infra onboarding runs through March 10, followed by user onboarding. Time to put it to the test.👀

Charles Hoskinson, founder of the Cardano (ADA) blockchain, recently extended a special deal involving Dogecoin (DOGE) to billionaire entrepreneur Elon Musk. Hoskinson dropped his Dogecoin idea in an X post, tagging Musk, a long-time supporter of the leading memecoin. Hoskinson asked Elon Musk if he is ready to make DOGE the main currency on social media X, formerly Twitter. The Cardano founder added that an old Bitcoin 2 roadmap he had written years ago could form the base for DOGE’s inclusion on X. He also mentioned Ergo’s tech as another option for a Dogecoin fork. Notably, the proposed upgrade will require adequate parameters for proper implementation. These include full smart contract support, state channels for super-cheap tipping on X, and a new proof-of-work system to handle Grok AI’s heavy computing. The list also includes Quantum resistance, with the decision up to the Dogecoin community. When asked how many Dogecoin he owns, Hoskison replied, “None.” However, he thinks the project would be fun, labeling it one of his “sidequests.” Although Hoskinson’s tone appeared relaxed, the tech behind such a project is enormous. As of this writing, Elon Musk has yet to respond to Hosinson’s idea. However, market participants have speculated a long time ago about Dogecoin becoming part of X. Intriguingly, Musk has played into the hype before as the platform prepares to move into financial services. As mentioned in our previous news brief, X CEO Linda Yaccarino announced the launch of a peer-to-peer payment functionality on the platform. This move aligns with Elon’s vision of making X the ultimate “everything app.” Although X initially planned to integrate fiat currencies, the platform’s development hinted at the potential future integration of cryptocurrencies. Shortly after the creation of X Payments, DOGE saw a rally of over 9%, as indicated in our earlier discussion. Several reports recently claimed that X plans to launch its payment system, X Money, this year. The speculation intensified after a software code leak suggested that X Money may debut sooner than expected. Whether Musk will consider integrating DOGE into X is yet unknown. The crypto market is still experiencing difficulty as liquidations continue to soar. This broader market sentiment has affected top cryptocurrencies, including Dogecoin. Currently, DOGE’s price has lost 14.7% of its value within the last 24 hours, setting the price at $0.1894. DOGE is now trading as the ninth-biggest crypto with a market capitalization of $28 billion. So far, there are no reversal signals for DOGE on the bigger time frame. Nevertheless, Dogecoin could see a breakout if the correction continues to the nearest support level. This potential breakout will likely lead to a further decline to the $0.16 mark. Meanwhile, market analyst Ali Martinez forecasted that DOGE could hit $4 if it holds above $0.16–$0.19.

🚨Reddit Co-Founder Alexis Ohanian has confirmed joining Project Liberty's bid to acquire TikTok’s US operations. This development aims to transition the platform onto a blockchain-based system. ⛓️📱 📌This is to avert the app from Trump's nationwide ban. 🇺🇸🚫

Alexis Ohanian, co-founder of Reddit, has confirmed that he is among those looking to acquire TikTok’s U.S. operations. If the bid to purchase the short-form video platform’s U.S. business succeeds, Ohanian says the goal is to bring it on-chain. The Reddit co-founder noted this after Reuters reported that he had joined Frank McCourt’s bid to buy off TikTok U.S. Ohania, a prominent individual in the social media technology space and across Silicon Valley, will work with McCourt and Project Liberty as a strategic advisor. “TikTok has been a game-changer for creators, and it’s future should be built by them,” Ohanian added. Ohanian’s remarks on X follow McCourt’s comments that he welcomes the Reddit co-founder as part of the bid. He is an experienced individual whose input could be important in the bid to take over TikTok’s assets in the U.S., McCourt said. Most importantly, Ohanian understands the social media space and “where it’s evolving.” Project Liberty’s vision for TikTok U.S. includes integrating blockchain technology, giving users greater control over their data, its usage, and sharing. Commenting on this and how Ohanian could help, McCourt noted: “Where he can help mostly is validating but also socializing what we’re doing. This is a project which has very sophisticated technology at the core, and so you’re dealing with a very specific audience when it comes to demonstrating the validity of that technology and in how it works, and why it’s necessary.” TikTok is owned by ByteDance, a Chinese internet company. The app went off U.S. app stores briefly after a ban went into effect, with Apple and Google relisting it following President Donald Trump’s intervention. Traders on prediction markets see odds of a ban as being higher. Ohanian’s investment portfolio includes Instacart, Patreon and OpenSea.

Reddit co-founder Alexis Ohanian joins bid to acquire TikTok, plans to move social app 'onchain'