Dogecoin at risk of a 51% attack following Monero decline

After Monero's decline, Dogecoin could become the next target for a 51% attack on Qubic's network. This scenario highlights the heightened security risk for smaller, low-hashrate networks that might be susceptible to coordinated double-spend attempts or network instability. I’m inclined to treat this as a cautionary signal rather than a buyable setup, given the potential for disrupted liquidity and sudden price swings tied to security concerns.

In this context, the risk hinges on network hashrate concentration, miner incentives, and the cadence of any defensive upgrades or community responses. If Dogecoin's hashrate remains fragile or if attacker incentives rise, price and sentiment could deteriorate more quickly than fundamentals justify. The link to Monero’s fall underscores how quickly a relatively niche security issue can reverberate across altcoins with similar exposure.