🚨 **Major Warning Issued by Top Dogecoin Contributor!** 🚨
*DOGE |
A leading Dogecoin developer has issued an urgent warning to the DOGE community about rising threats, especially as Dogecoin now trades near $0.17
🔒 Key Details:
- Scam Token Alert:Contributors warn against fake tokens using Dogecoin’s name. These tokens do not have their own blockchain and are often part of scams.
- Wallet Safety: Users are advised to move funds from any soon-to-be-closed or unofficial wallets and always protect private keys.
-Increased Risk: With DOGE’s recent price volatility and popularity, scammers are targeting new and existing holders. Always verify information from official Dogecoin sources.
📉 Market Context:
- DOGE is currently trading at $0.172 after a recent dip below the key $0.18 level, reflecting increased selling pressure and profit-taking among holders.
- Analysts note heightened activity from inactive wallets and caution that further downside is possible if bearish momentum continues.
⚠️ **Stay Safe:**
- Only trust official Dogecoin channels.
- Avoid third-party tokens and unverified wallets.
- Secure your assets and private keys.
