Qubic Picks Dogecoin for 51% Attack Simulation: Panic Spreads as BTC Dips to $115K

The crypto market is in for another wild week as Dogecoin (DOGE) faces uncertainty after Qubic’s community vote to target the coin for its next 51% attack simulation. Just days after Qubic successfully attacked Monero (XMR), the market is on high alert for vulnerabilities across proof-of-work assets.

And to top it all off, Bitcoin ($BTC) has slipped to $115,000 after hotter-than-expected US inflation data killed September rate cut hopes.

Qubic Attack Vote and Dogecoin’s Exposure

Qubic, led by Sergey Ivancheglo, co-founder of IOTA, recently announced that Dogecoin was chosen through a community vote as the next target of its network “stress test” attacks. In a recent post, Ivancheglo said;

“such experiments are essential for blockchain resilience”.

But critics argue Qubic’s actions go beyond research, they’re actively destabilizing networks for self-promotion.

Just last month, Qubic did a 51% attack simulation on Monero and it triggered a wave of liquidations and short-term panic. The same playbook being applied to Dogecoin has investors worried, especially those who remember $DOGE’s history of security skepticism due to its low hashrate compared to Bitcoin and Ethereum.

According to CoinDesk, the announcement has already put pressure on Dogecoin’s spot price, with sellers dominating the order books as market makers trim exposure ahead of potential volatility.

Bitcoin’s Slip Below $116K and Broader Market Weakness

Meanwhile, Bitcoin, the sentiment anchor of the crypto market, has dropped to $115,000 after new US inflation data killed rate cut hopes. Data released in mid-August showed consumer prices above analyst forecasts, so traders are rethinking their September Fed cut bets.

Sources note that Bitcoin’s drop spilled over into altcoins, amplifying the downside pressure on coins like Dogecoin. Analysts noted that the correlation between $DOGE and $BTC is high, hence if $BTC can’t hold up, it’ll put more pressure on Dogecoin.

Expecrts expects Fed Chair Jerome Powell to adopt a cautious tone at the Jackson Hole meeting and delay any rate cuts until inflation is more stable. This prolongs risk-off sentiments for assets like DOGE.

Dogecoin Price Prediction: Bull, Bear, Base Scenarios

Here are the three plausible scenarios for Dogecoin, given the latest developments:

Risks and Considerations

Dogecoin’s future is currently tied to market trends and Qubic’s reputation. While Ivancheglo says the project improves blockchain security, critics see opportunism that can destabilize vulnerable chains.

From a macroeconomic perspective, Fed policy is the main driver. If inflation forces prolonged tight money, liquidity-sensitive assets like DOGE will struggle to attract speculative flows. If the Fed pivots dovishly at Jackson Hole or later in the year, meme coins could get momentum.

Conclusion

Based on the latest research, Dogecoin price prediction 2025 is both optimistic and cautious. Qubic attack vote on $DOGE adds near-term risk, Bitcoin at $115,000 means the whole market is fragile.

Forecasts vary widely, with bullish projections seeing $DOGE above $0.25 by year end and bearish projections seeing $DOGE below $0.10. Dogecoin’s path will depend on the community’s weathering Qubic’s challenge and macro forces in the next few months.

Stay up to date with expert analysis and price predictions by visiting our crypto news platform.

Summary

Dogecoin is uncertain in 2025 as Qubic’s community vote selects it for a 51% attack test, after doing the same to Monero. The move is causing debate on network resilience vs market disruption; $DOGE’s price is already under pressure. Bitcoin at $115,000 after hotter US inflation data has killed September rate cut hopes. 

FAQs

Why is Dogecoin being targeted by Qubic?

Qubic’s community vote, led by Sergey Ivancheglo, chose Dogecoin for a 51% attack test to test network resilience, but critics say it’s market manipulation.

How does Bitcoin’s drop to $115K affect Dogecoin?

Bitcoin’s weakness always drags meme coins down, $DOGE follows $BTC’s movements.

Can the Federal Reserve’s policies impact Dogecoin’s price?

Yes, dovish rate cuts will boost liquidity for risk assets, while prolonged tight policy could crush $DOGE demand.

Glossary

51% Attack – A blockchain vulnerability where attackers control most of the hashrate can manipulate transactions.

Hashrate – The computational power to mine and secure a blockchain.

Meme Coin – A cryptocurrency inspired by internet memes, popularity driven by community sentiment.

Jackson Hole Meeting – A central banking conference where the Fed sets the tone.

Volatility – Wild price swings in the market.

References

CoinDesk

Qubic

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