$DOGE Alert: Hashrate Down, Mining Rewards Up — Is a Big Move Loading?
$DOGE is trending again, and the hype is getting loud (yes, even the “$420” memes are back). But is this a real breakout setup—or the same old script?
📉 Key anomaly: Hashrate dropped, but rewards jumped
Some trackers show network hashrate falling from ~3.71 PH/s to ~2.74 PH/s (a sharp drop).
Meanwhile, estimated 24h output on rigs like Antminer L9 reportedly increased from ~60 to ~85 coins (around +40%).
Possible reason: if less-efficient miners shut down, remaining miners can earn a larger share of block rewards.
📈 Pattern traders watch
Historically, hashrate shakeouts can happen near turning points—sometimes followed by strong price moves. Not a guarantee, but it’s a signal worth tracking.
🌍 “Meme” vs real-world use
There’s also constant chatter about DOGE payments and adoption (from merch to retail experiments). Whether these developments are widespread or limited, they keep DOGE in the spotlight.
🔥 Sentiment is heating up again
When attention + liquidity returns to meme coins, volatility spikes—fast. Add any Musk-related headlines and you get a potential catalyst.
What’s your take—calm before the storm, or just another hype cycle? 👇
#DOGE #Dogecoin #CryptoMarket #MemeCoins