In recent news, the Dogecoin (DOGE) community acquired a significant alert warning them not to get involved in supposed airdrop projects related to the cryptocurrency.
As fraud schemes targeting DOGE holders become more common, this current advisory is a key way to reduce the risks and financial damage that could happen.
Legitimate crypto projects often use airdrops, which are free distributions of tokens or coins, to get the word out about their projects or show respect for their supporters.
Scammers have unfortunately taken advantage of this habit to set up fake airdrop scams. Because of these rising worries, well-known DOGE users have taken to different social media sites to give an urgent warning that there are no official Dogecoin airdrops.
Any claims or requests that say otherwise should be taken with a grain of salt and care should be taken.
Also, the company that created Dogecoin, Inevitable 360, has made it clear again that Dogecoin has never been involved with any airdrop projects and will not be involved with any in the future. Any claims that are not consistent with this are probably lies.
At the same time, the Dogecoin (DOGE) community has come together to celebrate Doge Day, a fun holiday honoring the beloved cryptocurrency that millions of people around the world appreciate.
Dogecoin’s Doge Day Festivities
Doge Day is celebrated every year on April 20th. It has become a beloved practice among DOGE fans, encouraging friendship, creativity, and community involvement.
In honor of Doge Day, people who like the cryptocurrency have gathered on different social media sites, such as X, to share memes, funny videos, and heartfelt messages, capturing the spirit of the event.
The hashtag “DogeDay” has been used by a lot of crypto fans and companies, spreading happiness and positivity throughout the crypto world.
At the time of this update, DOGE had lost only a fraction of value over the last 24 hours, falling to $0.152. For Dogecoin to go above its previous highs, it needs to firmly break through the $0.20 barrier. At the moment, a lot of addresses hold substantial quantities of Dogecoin that are losing value.
