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Dogecoin launches DogeOS testnet amid price below $0.10 and declining network hashrate.

Protocol Fundamentals
02 Oct 2026
CryptoTicker
View Source
Neutral
Dogecoin launches DogeOS testnet amid price below $0.10 and declining network hashrate.

Dogecoin trades near $0.0960, below the key $0.10 mark, while its network hashrate has dropped to about 32% of its February 2026 peak. The recent launch of the DogeOS public testnet introduces new possibilities like lending and trading apps on a layer above the Dogecoin blockchain, signaling a shift from pure payments to broader use cases. However, full decentralization and mainnet launch remain uncertain, with key upgrades like OP_CHECKZKP pending and no set dates. Daily issuance of 13.67 million DOGE continues to exert downward pressure on price, requiring significant new demand to drive gains. Investors should watch hashrate trends, testnet progress, and price support levels in coming months.

As of Oct 02, 2026 16:22 WIB, Dogecoin trades at Rp1.738 on Pluang, showing a 1-day gain of 2.42%. The market cap stands at Rp272,24 trillion with a 24-hour volume of Rp18,35 trillion. Despite the hashrate slump noted in the article, Pluang data shows a strong buy interest at 66% of order activity, reflecting active engagement among investors.

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