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 $0.0882, down 0.2% since this brief published. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Wed, 07 Oct 2026 15:15:02 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 3 hours ago, Dogecoin (DOGE) has moved from $0.0884 to $0.0882 — -0.17%.
Grey shows the price before the news, the dashed line marks when this brief published, and the coloured line is the move since — from TLT's market data. It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 DOGE ≈ ₦120.47 (about $0.0882), down 8.3% over 24 hours. The naira itself trades about 2.8% 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.
Dogecoin — questions
How much is 1 Dogecoin worth in naira today?
About ₦120.47 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0882. 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 down 0.17% since this brief first published — trading at $0.0882 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.