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Crypto Trends

Dogecoin Comes Under Attack From Same Group That Orchestrated Monero’s 51% Takeover

by admin August 19, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Qubic community is now targeting Dogecoin (DOGE) following its recent and controversial attack on Monero (XMR). After executing a 51% takeover and claiming majority control over Monero’s hashrate, the group is now shifting focus toward the world’s largest meme coin, signaling what could become one of the most ambitious challenges yet against a major Proof of Work (PoW) network. 

Qubic Targets Dogecoin After Monero Domination

The Dogecoin network has become the latest declared target of Qubic, the project that recently claimed to have orchestrated a successful 51% attack on Monero. Sergey Ivancheglo, known on  X social media as ‘Come-from-Beyond’ and the founder of Qubic, confirmed the move after a community vote on Discord placed Dogecoin as the overwhelming choice over competitors such as Kaspa and Zcash. The decision underscores a significant escalation in Qubic’s ambitions, shifting focus from privacy-focused networks to one of the largest and most recognizable meme coins in existence. 

Qubic’s founder highlighted that the previous Monero operation served as a demonstration of what coordinated control over hashrate can achieve. By pooling resources, the project reportedly captured over 77.54% of Monero’s power, effectively proving that 51% attacks are not merely theoretical vulnerabilities but real threats that could paralyze entire ecosystems. Ivancheglo also described the attack as a wake-up call, claiming that it helped Monero developers accelerate their work on defensive measures. 

Notably, crypto analysts have voiced concern that Qubic’s current focus on Dogecoin could represent a new frontier in network dominance. The Qubic pool previously boasted 4.29 GH/s of computational power that crushed Monero’s defenses, but Dogecoin’s scale presents a much more formidable challenge. Still, community insiders are not backing down, with many supporting the founder’s plan to dominate Dogecoin. 

The Challenge Of Taking On Dogecoin’s Network

While Monero fell victim to Qubic’s calculated push, Dogecoin’s defense rests on an entirely different foundation. A Qubic Ambassador identified as the ‘QubicChurch’ on X explains that, unlike Monero’s CPU-friendly, ASIC-resistant RandomX algorithm, Dogecoin relies on the Scrypt algorithm and is merge-mined with Litecoin. This means that the majority of Litecoin’s massive mining infrastructure also secures Dogecoin, creating a combined shield of unprecedented scale. 

As of August 18, 2025, Dogecoin’s hashrate stands at roughly 3.47 PH/s, while Litecoin adds 2.78 PH/s. Together, their combined network strength dwarfs Monero by over a million times. The Qubic Ambassador acknowledged this staggering gap, pointing out that preparation for such an attack on Dogecoin would require months of development.  

Notably, the scale difference between Monero and Dogecoin also redefines the potential outcome. The  QubicChurch noted that if the project were to capture even 0.1% of the Dogecoin-Litecoin network, it would represent more computational power than the entire Monero network by a factor of over a thousand. At 1%, the leverage becomes astronomical, exceeding Monero’s power more than eleven thousand times over. For Qubic, such control would not only serve as proof of dominance but could also funnel massive cash flows into its ecosystem.

DOGE trading at $0.21 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 19, 2025 0 comments
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Can Monero’s XMR price surge 40% and revisit all-time high?
GameFi Guides

Can Monero’s XMR price surge 40% and revisit all-time high?

by admin May 21, 2025



Monero price continues to chart its own path this month as demand for the biggest privacy coin rises.

Monero (XMR) has rallied for seven consecutive weeks as Bitcoin (BTC) and other altcoins stalled. It jumped to a high of $367.67 this week, its highest level since May 17, up by 265% from its lowest level in 2024.

Monero gained momentum following the Tornado Cash (TORN) court ruling and the eventual lifting of U.S. government sanctions, which drove investors back to privacy coins. 

One hope is that centralized exchanges that previously delisted it, like Binance and Coinbase, will relist it this year. Additionally, the Donald Trump administration is composed of pro-crypto officials, including Paul Atkins, the head of the SEC.

Monero’s surge continues this week even as the hash rate crashed to its lowest point since May 13. It dropped from a record high of 5.64 GH/s last week to 4.51 GH/s. Hash rate refers to the computational power used by a network to process and validate transactions. A falling hash rate indicates reduced mining activity in the network.

XMR price technical analysis

XMR price chart | Source: crypto.news

The weekly chart shows that the XMR price has been in a strong bullish trend over the past few weeks. This rebound followed a prolonged period in which the coin remained between the support and resistance levels at $134.42 and $186.18 for over two years.

This consolidation was likely part of the accumulation phase of the Wyckoff Theory. It has now moved into the markup phase, which is characterized by higher demand than supply.

Monero has moved above all moving averages. Additionally, the Average Directional Index has risen to 25, a sign that the trend is strengthening. The Relative Strength Index and the Stochastic Oscillator have both reached overbought territory.

Therefore, the coin will likely keep soaring as bulls target the all-time high of $515, which is about 40% above the current level. An alternative scenario is that it drops to retest the support at $200 before resuming the uptrend.



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May 21, 2025 0 comments
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