Alert: Dogecoin Wallet Closure Incoming!
Are you a Dogecoin investor? Act now to safeguard your assets.
Dogecoin Developer’s Warning ๐จ
– One of Dogecoin’s developers is urging all investors to move their DOGE out of the Dogechain wallet before June 1st.
– This move is crucial to protect your assets.
– Additionally, make sure to keep a copy of your wallet’s private keys.
– This step ensures that you can recover funds if needed in the future.
Dogechain: An Overview ๐
– Dogechain is an Ethereum Virtual Machine (EVM) blockchain powered by Polygon (MATIC) technology.
– It serves as a bridge between the Dogecoin ecosystem and the world of Web3.
– With a proof-of-stake (POS) consensus mechanism, Dogechain facilitates faster and cheaper transactions.
– This feature makes NFTs, blockchain-based games, and DeFi services more accessible to Dogecoin holders.
Current DOGE Market Status ๐ต
– As of now, Dogecoin is trading at $0.132, marking a 10.86% increase in the past 24 hours.
– Notably, on March 28th, DOGE was valued at $0.219.
A wallet for the meme asset Dogecoin (DOGE) is preparing to shut down.
In a new thread on the social media platform X, Mishaboar, one of Dogecoinโs developers, tells investors to make sure they move their DOGE out of the Dogechain wallet before it shuts down on June 1st as well as keep a copy of their walletโs private keys.
โMake sure to move your DOGE out of http://dogechain.info (only use the .info domain!) before June 1st. Keeping a copy of Dogechainโs walletsโ private keys is also important โ in case you still have the addresses in use somewhere, this will allow you to recover funds you might inadvertently send or receive there in the future.โ
Dogechain, an Ethereum Virtual Machine (EVM) blockchain powered by the technology of Polygon (MATIC), was created as a way to connect the Dogecoin ecosystem to the world of Web3.
Using a proof-of-stake (POS) consensus mechanism, Dogechain allows for faster and cheaper transactions, making non-fungible tokens (NFTs), blockchain-based video games, and decentralized finance (DeFi) services more accessible to holders of the meme coin.
Dogecoin is trading for $0.132 at time of writing, a 10.86% increase during the last 24 hours. On March 28th, DOGE was valued at $0.219.
Take Action Now! ๐
Protect your Dogecoin assets by moving them out of Dogechain wallet before the imminent shutdown. Your financial security is in your hands!
The post Popular Dogecoin (DOGE) Wallet To Shut Down Services Next Month appeared first> on The Daily Hodl.
**Sources:**
– [Twitter – Mishaboar](https://twitter.com/mishaboar/status/1785602497832202677)
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