Can Dogecoin Price Quintuple as Cardano Founder Offers Elon Musk Help With DOGE Payments?

Dogecoin (DOGE) has lost more than $5 billion in market capitalization within a day due to a massive selloff across the crypto market. At press time, DOGE trades at $0.18 after a 14% drop in 24 hours. As the market sentiment turns into fear, can a proposal by Cardano founder Charles Hoskinson help Dogecoin price to rally 5x?