Metallicus Achieves 300x Dogecoin Transaction Speed Increase
Metallicus CEO Marshall Hayner claims to have fulfilled Elon Musk's vision for faster Dogecoin transactions.
Metallicus CEO Marshall Hayner claims to have fulfilled Elon Musk's vision for faster Dogecoin transactions. Dogecoin (DOGE) is trading at $0.0894, up 1.1% since this brief published. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Thu, 08 Oct 2026 01:00:04 UTC.
- Metallicus claims 300x speed increase for Dogecoin transactions.
- Development addresses Elon Musk's past scaling concerns for DOGE.
- DOGE price down 7.60% in 24 hours amid broader market decline.
Metallicus CEO Marshall Hayner announced that his company has successfully engineered a 300x speed increase for 
Dogecoin transactions, directly addressing a scaling challenge previously highlighted by Elon Musk. This development aims to enhance DOGE's transaction efficiency and scalability, which Musk has frequently cited as a concern.
Hayner's announcement comes after Musk's repeated emphasis on the need for improved transaction speed and cost-effectiveness for Dogecoin to become a viable payment system. The Metallicus solution reportedly achieves this by optimizing the blockchain's processing capabilities.
While the claim has not been independently verified by other outlets, it aligns with ongoing efforts in the cryptocurrency space to improve blockchain scalability and transaction throughput. The development could position Dogecoin as a more competitive option for everyday transactions.
Dogecoin's recent performance has been under pressure, with the coin's price down 7.60% in the last 24 hours and 8.90% over the past week. This decline mirrors the broader market trend, with the total crypto market cap at $2.9 trillion and 
Bitcoin experiencing a 3.48% drop in the same period.
The Fear & Greed Index currently stands at 71, indicating 'Greed' in the market. This suggests that while sentiment remains positive overall, investors may be cautious about new developments amid recent market volatility.
Since this brief published about 12 hours ago, Dogecoin (DOGE) has moved from $0.0884 to $0.0894 — +1.13%.
The chart plots DOGE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Over the past 24 hours DOGE moved -4.7% while Bitcoin moved -2.5%. DOGE has historically moved about 1.32× Bitcoin, implying roughly -3.3% today — so this is roughly what its usual link to Bitcoin would predict.
Beta computed by TLT from ~120 days of daily returns; context only, not advice.
Over the past 12 months, Dogecoin (DOGE) closed within 2.5% of today's $0.0894 on 37 separate days. Here is what the price did afterwards on those days — a historical base rate, not a forecast:
Computed by TLT from 12 months of daily closing prices. A base rate describes the past distribution of outcomes from similar price levels — it does not predict the future and ignores the specific news in this story. Crypto is volatile and past performance is not indicative of future results. Not financial advice.
At today's peer-to-peer rate, 1 DOGE ≈ ₦122.03 (about $0.0894), down 4.7% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Metallicus Achieves 300x Dogecoin Transaction Speed Increase — questions & answers
How much is 1 Dogecoin worth in naira today?
About ₦122.03 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0894. The naira price moves with both DOGE's US-dollar price and the USDT/NGN rate; use our Dogecoin in naira page for any amount.
Has Dogecoin's price moved since this brief was published?
DOGE is up 1.13% since this brief first published — trading at $0.0894 now versus $0.0884 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.