Qubic dey target Dogecoin after 51% attack on Monero
Qubic, one AI blockchain project, last week carry out 51% attack for Monero (XMR) proof-of-work network, grab over half of e hashrate. Because of security palava for network side, Kraken exchange ban Monero deposits and trading. Founder Sergey Ivancheglo come dey do community vote on the next 51% attack target, dem put Dogecoin (DOGE), Zcash (ZEC) and Kaspa (KAS) for choice. Dogecoin get over 300 votes, pass the others. Traders suppose dey watch for possible Dogecoin chain rearrangements, trading stoppage and market wahala. This kain thing show say proof-of-work chains still get risk and e fit make regulators dey observe well well.
Bearish
Di plan wey dem get to target Dogecoin wit 51% attack dey increase security wahala wen fit make people run sell. For short term, traders fit comot from their position to avoid chain reorganize and trade stoppage, dis go increase wahala for market and push DOGE price down. For long term, if attack threat continue, e fit shake tins wey make person trust Dogecoin proof-of-work network, make new investors comot and slow down how people go accept am, keep market nak bad.