Dogecoin Merge Mining Debate vs DOGE Buy Signals as Whales Accumulate
Dogecoin merge mining debate heats up after Dogecoin co-founder Billy Markus pushed back on calls to end the network’s merged-mining structure. Markus argued that removing Dogecoin merge mining is “dumb and pointless” and said it would serve little purpose.
Dogecoin has used merged mining since 2014, allowing Litecoin (Scrypt) miners to secure DOGE while also earning rewards from other compatible networks. The current arrangement keeps Litecoin as the primary companion network. Markus said the system should not be changed without addressing real technical needs, and noted he no longer works on Dogecoin development (his view was presented as personal).
No formal governance vote or confirmed proposal to remove merged mining was announced. The debate is about network security and mining incentives, not an immediate market catalyst.
Separately, DOGE price action improved modestly: around $0.0734–$0.0736 at the time of reporting (+~2% daily, ~+1.9% weekly), after being down more than 11% over the prior month. Technical indicators also turned constructive. Analyst Ali Martinez flagged rare consecutive weekly TD Sequential buy signals, suggesting a possible short-term recovery rather than a guaranteed trend reversal.
Whale activity added support. Large holders reportedly accumulated about 200 million DOGE (about $14M). Futures open interest rose ~3.74% to about $1.08B. Analysts pointed to near-term resistance around $0.0754 and $0.0797 and noted liquidation clusters near current prices could keep volatility elevated. In contrast, U.S. Dogecoin ETF inflows had reportedly gone one month without new purchases as of July 17.
Overall, Dogecoin merge mining remains an open community discussion, while traders are focusing on bullish technical setups and whale accumulation for short-term momentum.
Bullish
The news splits into two tracks: (1) the Dogecoin merge mining debate and (2) market timing signals for DOGE. There is no confirmed governance change to remove merged mining, which limits the probability of an immediate negative shock to network fundamentals. Meanwhile, traders have bullish near-term inputs: repeated weekly TD Sequential buy signals (a historically rare setup that often aligns with short-term rebounds), whale accumulation (~200M DOGE), and rising futures open interest.
However, resistance levels remain overhead and liquidation clusters near spot can amplify volatility—so this is more likely a short-term momentum boost than a long-term trend reversal. Also, weaker ETF inflows reduce the confidence of a sustained rally. Historically, when DOGE shows technical “buy” setups plus whale demand but macro/flow catalysts are mixed (e.g., stalled ETF inflows), price often oscillates: first a bounce, then a test of key resistance before direction becomes clearer.