{"id":42761,"date":"2025-08-18T16:02:11","date_gmt":"2025-08-18T16:02:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42761"},"modified":"2025-08-18T16:02:11","modified_gmt":"2025-08-18T16:02:11","slug":"qubic-targets-dogecoin-after-moneros-51-attack","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42761","title":{"rendered":"Qubic Targets Dogecoin After Monero\u2019s 51% Attack"},"content":{"rendered":"<div>\n<p>As you might have heard, Qubic, the AI-focused blockchain project, was behind Monero\u2019s 51% attack, which allowed them to gain majority control over its network. Well, the community is back at it again \u2013 and this time they have Dogecoin (DOGE) in their sights.<\/p>\n<p>This time, answering to Qubic\u2019s founder, Sergey Ivancheglo\u2019s post on X about which ASIC-enabled proof of work blockchain the community should target next. Some big names were thrown into the mix, including Dogecoin, Kaspa (KAS), and Zcash (ZEC).<\/p>\n<p>On 17 August 2025, Ivancheglo, also known as Come-from-Beyond, <a class=\"general-link\" href=\"https:\/\/x.com\/c___f___b\/status\/1957139742388298154\" target=\"_blank\" rel=\"noopener nofollow\">shared <\/a>in an X post that the community voted to pursue the memecoin king, Dogecoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/hashtag\/Qubic?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Qubic<\/a> community has chosen <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Dogecoin<\/a>. <a href=\"https:\/\/t.co\/EnevIZUAw5\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/EnevIZUAw5<\/a><\/p>\n<p>\u2014 Come-from-Beyond (@c___f___b) <a href=\"https:\/\/twitter.com\/c___f___b\/status\/1957139742388298154?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><strong>DOGE Price Chart In The Red After Qubic Targets Dogecoinc<\/strong><\/h2>\n<p>With its market capitalisation of $35Bn, Dogecoin is firmly on Qubic\u2019s radar, accumulating 300 votes, eclipsing the other contenders\u2019 total tally.<\/p>\n<p>Currently, Dogecoin\u2019s price is trading in the red. The memecoin is in a sharp decline as of this writing, slipping more than 5%, bringing it closer to its critical $0.21 support.<\/p>\n<p>This decline occurred after users discovered Qubic\u2019s targeting of Dogecoin.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-272708\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-300x153.jpeg\" alt=\"Dogecoin Price Chart\" width=\"1102\" height=\"562\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-300x153.jpeg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-1024x523.jpeg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-768x392.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-1536x785.jpeg 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart-50x26.jpeg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Dogecoin-Price-Chart.jpeg 1617w\" sizes=\"(max-width: 1102px) 100vw, 1102px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/xwLlC9vB\/?symbol=COINBASE%3ADOGEUSD\" target=\"_blank\" rel=\"noopener nofollow\">DOGEUSDT<\/a>)<\/p>\n<p>On-chain and derivatives data further reinforce the current bearish sentiment as DOGE holders incur losses and short positions gain traction among traders.<\/p>\n<p>Santiment\u2019s Network Realised Profit\/Loss (NPL) indicator, which measures market pain, slid from 2.68 million to -271.41 million between 14 and 15 August, indicating holders are realising losses and increasing selling pressure.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/Dogecoin%20(DOGE)%20%5B09-1755492253067-1755492253069.57.21,%2018%20Aug,%202025%5D.png\" alt=\"Dogecoin NPL chart. Source: Santiment\" width=\"1105\" height=\"374\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/app.santiment.net\/insights\/feed?slugs=dogecoin\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/p>\n<p>This is the lowest dip that the indicator has recorded since July 2022.<\/p>\n<p>Moreover, Coinglass\u2019s long-to-short ratio hit 0.79 on 18 August 2025, its highest in over a month, signalling a bearish sentiment as traders scramble to position for a decline in Dogecoin\u2019s price.<\/p>\n<p>Dogecoin saw an 8.58% pullback on 14 August 2025, facing resistance at the $0.24 daily level. It found support near $0.21 from where its price rebounded 4.6% through Sunday.<\/p>\n<p>The memecoin is currently trading at around the $ 0.22 level. A slide down its support at $0.21 could lead to further downturns, with key support resting at $0.18 level on the weekly chart.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/DOGEUSDT_2025-08-18_10-02-19-1755492317219-1755492317221.png\" alt=\"DOGE\/USDT daily chart\u00a0\" width=\"1094\" height=\"501\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/DOGEUSDT\/\" target=\"_blank\" rel=\"noopener nofollow\">DOGEUSDT<\/a>)<\/p>\n<p>Momentum indicators show market uncertainty. While the daily RSI hovers at a neutral 50, the MACD lines converge, suggesting market indecisiveness.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><strong>Qubic\u2019s Reasoning Behind Monero Attack: \u201cA lot of electricity is burned for useless #POW\u201d<\/strong><\/h2>\n<p>Qubic\u2019s mining pool achieved a six-block reorganisation following a month-long standoff with Monero miners. At the time of this writing, it commands a hash rate of approximately 2.32 Gh\/s, currently the most powerful on the Monero chain, according to MiningPoolStats\u2019s <a class=\"general-link\" href=\"https:\/\/miningpoolstats.stream\/monero\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a>.<\/p>\n<p>After the takeover, Qubic announced that Monero\u2019s core features, such as privacy and transaction speeds, remain uncompromised.<\/p>\n<p>However, it spelled out its end goal: to provide Monero\u2019s security by Qubic miners.<\/p>\n<p>When asked about the reason behind his attack on Monero, Ivancheglo said on X, \u201cA lot of electricity is burned for useless #PoW, we need that electricity for #AI.\u201d<\/p>\n<p>Qubic\u2019s aggressive scaling strategy has caused quite the stir in the proof-of-work landscape. It is now going after established blockchains to test their limits.<\/p>\n<p>While Dogecoin is a significantly larger fish to fry, Qubic\u2019s miner community has approved this project.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in August 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Qubic miners are now going after established blockchains like Dogecoin    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Qubic wants Monoero\u2019s security to be provided by Qubic miners    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        DOGE price is in the red after this announcement and has slipped more than 5% today    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/qubic-targets-dogecoin-after-moneros-51-attack\/\">Qubic Targets Dogecoin After Monero\u2019s 51% Attack<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As you might have heard, Qubic, the AI-focused blockchain project, was behind Monero\u2019s 51% attack, which allowed them to gain majority control over its network. Well, the community is back at it again \u2013 and this time they have Dogecoin (DOGE) in their sights. This time, answering to Qubic\u2019s founder, Sergey Ivancheglo\u2019s post on X [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42761","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42761"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42761\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}