$DOGE Technicals Flash Green — But Qubic Looms in the Background
On-Chain & Chart Signals:
Price is holding above both the 30-day SMA ($0.229) and 200-day EMA ($0.208)
MACD histogram turned positive (+0.00051758), signaling fresh bullish momentum
RSI sits at 55.02 — healthy, not overbought
These indicators point to a strengthening trend with room to run.
However… The Qubic Factor:
A controversial AI-powered mining project, Qubic, recently proposed a vote to target Dogecoin with a potential Monero-style 51% attack simulation. While intended as a stress test, the announcement caused brief panic.
Reality Check:
Current data shows Qubic’s associated mining pool controls less than 2% of Dogecoin’s total hashrate (CoinTelegraph), making a successful attack highly unlikely for now.