Arkham Intelligence has announced the integration of Dogecoin into its analytics platform, offering its advanced on-chain capabilities to the meme-based crypto.
The team emphasized the significance of this move, highlighting the limited tools available to analyze the Dogecoin blockchain despite its 11-year existence. With Arkham’s features, users will soon be able to visualize and monitor Dogecoin’s blockchain activity, trace transactions, filter data, and set real-time alerts.
This addition expands Arkham’s supported networks to 16, allowing Dogecoin users to examine specific wallet activity and monitor addresses tied to exchanges, funds, and notable individuals.
Dogecoin’s Cultural Legacy and Adoption
Dogecoin’s cultural relevance extends beyond the crypto industry. According to Arkham, the coin, inspired by the Japanese Shiba Inu dog Kabosu—who passed away earlier this year—has achieved widespread recognition. The team also notes how the crypto has garnered attention from prominent figures like Elon Musk, who briefly replaced X’s (formerly Twitter) logo with the Doge icon after acquiring the platform.
Additionally, the team highlights how Tesla began accepting Dogecoin as payment for merchandise, furthering its visibility in mainstream markets.
Interestingly, the acronym DOGE now coincides with the U.S. Government’s Department of Government Efficiency, a satirical nod to its cultural prominence.
Critical Vulnerability Causes Node Collapse
While Arkham expands Dogecoin’s analytical reach, the network recently faced a vulnerability exploit. A Bitcoin sidechain developer, Andreas Kohl, claimed responsibility for a hack that supposedly disabled 69% of Dogecoin nodes by exploiting a vulnerability dubbed “DogeReaper.”
This flaw relies on a segmentation fault in the network’s code, which causes abrupt program termination when unauthorized memory is accessed. However, despite the dramatic claim, the Dogecoin network remained operational, raising doubts about the accuracy of the report.
Prominent Dogecoin community member “Mishaboar” quickly refuted the developer’s assertion, explaining that the DogeReaper vulnerability had already been identified and patched two weeks earlier in a node update adopted by key participants such as miners and exchanges.
Mishaboar also questioned the validity of the data used to support the hack, noting that Blockchair’s reported node drop—from 647 to 205—was not comprehensive.