DOGE in Danger? Qubic Community Votes to Attack Dogecoin Following Monero 51% Assault

The meme coin that refuses to die might be facing its toughest challenge yet. After the recent Monero 51% attack sent shockwaves through crypto, the Qubic community has set its sights on Dogecoin—because nothing says 'decentralized ethos' like a coordinated takedown.

Why Target DOGE?

Dogecoin’s proof-of-work mechanism—once celebrated for its simplicity—now looks like low-hanging fruit. With Monero’s breach exposing vulnerabilities in smaller chains, Qubic’s vote to go after DOGE feels less like a strategic move and more like kicking a Shiba Inu while it’s down.

The Aftermath Playbook

If the attack succeeds, expect the usual cycle: panicked sell-offs, influencers preaching 'buy the dip,' and a 20% rebound fueled by traders who think '51% attack' is a new crypto ETF. Meanwhile, institutional investors will quietly add 'DOGE' to their 'reasons we’re still not all-in on crypto' PowerPoints.

Dogecoin’s been the cockroach of cryptocurrencies—surviving hype cycles, Elon tweets, and its own irrelevance. But this? This could finally be the paper towel that flattens it.

Dogecoin Wins Qubic Vote With Over 300 Community Backers

Dogecoin, with a market capitalization of more than $35 billion, received over 300 votes, surpassing the combined tally of the other contenders.

The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5

Last week, Qubic shocked the crypto industry by announcing it had seized majority control of Monero’s hashrate.

Its mining pool successfully reorganized six blocks after a month-long battle with Monero miners. At press time, the pool commands around 2.32 GH/s, making it the most powerful on the network, according to MiningPoolStats.

Following the takeover, Qubic stressed that Monero’s Core features, including privacy and transaction speed, remained intact, but added that its “end goal” was to have Monero’s security ultimately provided by Qubic miners.

The attack forced Kraken to temporarily suspend Monero deposits, citing “potential risk to network integrity.”

Withdrawals and trading remain unaffected, with deposits expected to resume once the exchange deems the network stable.

“A lot of electricity is burned for useless #PoW, we need that electricity for #AI,” Ivancheglo wrote on X when asked about the reasoning behind the attack.

“These words may be hard to get and I cannot reveal more now, in the future they will eventually click,” he added.

That makes no sense. You don't have to attempt 51% attacks to have useful pow. Marketing jargon.

While Qubic says the event demonstrates it achieved full network control, Monero developers have pushed back.

Luke Parker, lead developer at SeraiDEX, argued that the six-block reorganization doesn’t definitively prove a successful 51% attack, only that “an adversary with a high amount of hash got lucky.”

Others aren’t so dismissive. Zhong Chenming, co-founder of cybersecurity firm SlowMist, said the attack “seems to have succeeded,” warning that Qubic’s pool could now, in theory, rewrite the blockchain and censor any transaction.

The confrontation began in late June, when Qubic announced it was redirecting its proof-of-work model, typically used for AI-related tasks, toward Monero mining.

The mined XMR WOULD fund Qubic token buybacks and burns, creating a direct economic incentive to overpower the network.

Implications for Proof-of-Work

Qubic’s expansion plans raise new concerns for proof-of-work cryptocurrencies. By targeting high-profile networks like Dogecoin, the project is testing the resilience of some of the sector’s most established blockchains.

A 51% attack allows a single entity to control the majority of a network’s mining power, enabling double-spending and block reorganizations.

While Dogecoin’s significantly larger size compared to Monero presents a bigger challenge, the Qubic community’s vote signals clear intent to attempt it.

With Dogecoin’s prominence as the leading memecoin and one of the top 10 digital assets by market cap, any disruption could send shockwaves across the crypto market.