Is Dogecoin (DOGE) Quietly Positioning for X? Hoskinson Renews Pitch as Triestina Deal and Bullish Chart Hit the Feed

Tatevik Avetisyan
By Tatevik Avetisyan 3 Min Read
Is Dogecoin (DOGE) Quietly Positioning for X Hoskinson Renews Pitch as Triestina Deal and Bullish Chart Hit the Feed

Cardano founder Charles Hoskinson repeated his months-old offer to help Elon Musk upgrade Dogecoin so it can work as the currency of X. A Dogecoin community post resurfaced his March proposal, and Hoskinson used it to say again that he can improve Dogecoin’s technical base and make it more reliable for large platforms. There is no confirmation from Musk or from X. The move is community-triggered, not an official Dogecoin roadmap item.

Charles Hoskinson Repeats Offer to Help Elon Musk Make Dogecoin the Currency of XSource: @dogegod on X
Charles Hoskinson Repeats Offer to Help Elon Musk Make Dogecoin the Currency of X. Source: @dogegod on X

Meanwhile, the corporate arm of the Dogecoin Foundation, House of Doge, kept pushing yesterday’s announcement about Italian club U.S. Triestina Calcio 1918 using Dogecoin branding on jerseys and stadium assets. The deal comes through House of Doge’s merger partner Brag House Holdings and keeps Dogecoin visible in non-crypto channels. It is a sponsorship signal, not a protocol change.

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ChatGPT said:House of Doge–Triestina Sponsorship Announcement. Source: Brag House Holdings, Inc (GlobeNewswire)

                        House of Doge–Triestina Sponsorship Announcement. Source: Brag House Holdings, Inc (GlobeNewswire)

The Dogecoin Foundation account on X reminded followers about the Dogeathon/Hackathon stream and broader developer activity. The focus stayed on builders and treasury structure, not on price or speculative pumps. This continues the Foundation’s push for a “more formal ecosystem” that started in September with the treasury plan.

Analyst Flags Repeating Dogecoin Monthly Pattern

Crypto analyst @badger0102 said Dogecoin’s latest monthly candle looks similar to two earlier “long wick down” phases that came before strong upside moves. He posted a TradingView DOGE/USD chart showing 2018, 2020, and the current 2025 structure circled, arguing that deep wicks at the bottom of a monthly range have historically appeared before DOGE recovered.

Dogecoin Monthly Wick Pattern Chart. Source: @badger0102 on X (TradingView)
Dogecoin Monthly Wick Pattern Chart. Source: @badger0102 on X (TradingView)

He noted that Dogecoin “has seen big monthly wicks down before” and called the present one a bullish signal, adding the hashtag #DOGE to point it at the meme coin community on X. The view is technical, not fundamental. It reads the wick as buyers absorbing a sharp sell-off inside the month and closing the candle higher than the low.

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At the same time, the post did not claim an immediate breakout or connect the pattern to Elon Musk or to the Dogecoin–Triestina sponsorship news. It framed the move as something the chart has done in previous cycles and may be repeating again, so traders should recognize it as a known DOGE behavior rather than a new catalyst.

Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments. She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.