Dogecoin merge mining debate heats up as DOGE flashes buy signals

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Jul 21

Dogecoin co-founder Billy Markus has opposed calls to end the network’s merged mining structure, arguing that removing the system would serve little purpose. Summary Billy Markus says ending ...

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The mining d","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","GUNR":"全球上游自然资源ETF-FlexShares","BWOW":"Bitwise Dogecoin ETF","BK4585":"ETF&股票定投概念","DOJE":"REX-Osprey™ DOGE ETF","GDOG":"Grayscale Dogecoin Trust ETF","TDOG":"21Shares Dogecoin ETF","TXXD":"21Shares 2x Long Dogecoin ETF"},"translate_title":"随着 DOGE 闪现买入信号，狗狗币合并采矿辩论升温","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TDOG":1.5,"GUNR":1.5,"DOJE":1.5,"GDOG":1.5,"BWOW":1.5,"TXXD":1.5},"content_text":"Dogecoin co-founder Billy Markus has opposed calls to end the network’s merged mining structure, arguing that removing the system would serve little purpose. \n\n\nSummary\n\n\n\nBilly Markus says ending Dogecoin merged mining would be pointless as debate continues over security.\nDogecoin has used merged mining since 2014, allowing Litecoin miners to secure both networks simultaneously.\nDOGE price gained as weekly TD Sequential signals and whale accumulation supported short-term market sentiment.\n\n\n\nHis comments come as members of the Dogecoin community debate whether the network should continue sharing mining infrastructure with Litecoin.\nResponding to the discussion on X, Markus said Dogecoin should remain merge-mined and described moving away from the model as “dumb and pointless.” Markus, who no longer works on Dogecoin development, presented the statement as his personal view and said he has no investment interest in Scrypt-based altcoins. \n\nas a non-dev who has no investment in any scrypt altcoins and just thinks proposals should solve actual necessary problems and not random made up ones for self-serving reasons, i find this reply disingenuous removing merge mining is pointless, so it shouldn’t be done— Shibetoshi Nakamoto (@BillyM2k) July 20, 2026\n\nDogecoin merge mining remains at center of network debate\nMerged mining allows miners to use the same computing work to secure more than one blockchain that runs on a compatible mining algorithm. Dogecoin uses Scrypt and has supported merged mining since 2014. Litecoin remains the main network mined alongside DOGE under the current setup.\nDogecoin’s official documentation says the 2014 change allowed Litecoin and other Scrypt miners to contribute to Dogecoin’s network while earning rewards from several blockchains using the same work. The system means miners do not need to divide their computing power between the participating networks.\nThe latest debate has focused on whether Dogecoin should continue relying on that model. Supporters argue that the current structure gives miners an economic reason to secure DOGE while already mining Litecoin. Critics of merged mining have raised questions about whether Dogecoin should depend so closely on another network’s mining activity.\nMarkus has rejected the idea that ending the arrangement would automatically improve Dogecoin. His position follows recent discussion among developers and community members over how merged mining works and what changing the system would mean for miners. No formal Dogecoin governance decision or confirmed network proposal to remove merged mining has been announced.\nDOGE gains as analysts flag repeated buy signals\nThe mining debate comes as Dogecoin shows a modest price recovery. According to the latest crypto.news Dogecoin price data, DOGE traded near $0.0734 on July 21, up about 2.14% over 24 hours and 1.86% over seven days. The token remained down more than 11% over the previous month.\nCrypto analyst Ali Martinez also pointed to improving technical signals. In a July 21 post, he said Dogecoin’s weekly TD Sequential had produced several consecutive buy signals, calling the setup unusual and suggesting it could precede a larger recovery. The indicator does not guarantee a price reversal, and DOGE still faces several nearby resistance levels.\n\nDogecoin $DOGE just keeps printing buy signals.The weekly TD Sequential has now flashed multiple consecutive buy signals—a rare setup that could be warning a major bull rally is approaching. pic.twitter.com/DrOI9nqJ2I— Ali Charts (@alicharts) July 21, 2026\n\nAs previously reported, the same TD Sequential indicator flashed a Dogecoin buy signal in June after DOGE fell 31% from $0.113 to $0.078. At that time, traders watched the $0.096-$0.100 range as an area DOGE needed to reclaim to weaken its wider bearish structure.\nThe latest price remains well below those levels. That leaves the current signals pointing to a possible short-term recovery rather than a confirmed change in the broader trend.\nWhale accumulation adds support to DOGE recovery attempt\nLarge holders have also returned to the market. Dogecoin whales recently accumulated about 200 million DOGE worth roughly $14 million. Futures open interest also rose 3.74% to about $1.08 billion as derivatives trading activity increased.\nThat analysis placed near-term resistance around $0.0754 and $0.0797. DOGE needs to move above those areas to strengthen its recovery structure. The same market data showed major liquidation clusters close to the current price, which could keep short-term volatility elevated.\nHowever, institutional demand has remained weaker. As previously reported, U.S. Dogecoin ETFs had gone one month without recording new inflows as of July 17. DOGE was trading near $0.071 at the time, with support around the same area.\nThe mixed data leaves Dogecoin with stronger whale activity and improving technical signals, while ETF demand and the longer-term price trend remain softer.\nNetwork debate and price action remain separate issues\nThe discussion around merged mining concerns Dogecoin’s network security and mining structure rather than its short-term market price. Dogecoin’s current system lets Scrypt miners contribute to several compatible networks without splitting the same mining work, according to the project’s official documentation.\nMarkus has made his position clear, but he does not control Dogecoin development or network changes. Any major change to the mining system would require technical work and support from the wider ecosystem rather than approval from a single founder.\nMeanwhile, DOGE traders are watching a separate set of signals. The token has moved higher, whales have accumulated additional coins and the weekly TD Sequential has produced repeated buy setups. Yet DOGE still needs to clear nearby resistance before the latest rebound develops into a stronger recovery.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        \n\n\n\n\n\n\n                Read more:\n            \n\n                CoinShares enters Europe’s UCITS market with Bitcoin mining ETF launch","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}