Dogecoin vocal member raises caution flag for broader crypto community
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"Dear Dogecoin, an advice for those gambling on tokens. You cannot create or reinforce memes by owning IPs. Memes spread virally and are owned by nobody. They are decentralized, irrepressible and uncontainable,", an advice for those gambling on tokens. You cannot create or reinforce memes by owning IPs. Memes spread virally and are owned by nobody. They are decentralized and irrepressible and uncontainable.
Mishaboar added a note of warning:"There are thousands of tokens out there for those who want to gamble. When you see tokens relying on tricks like we own the IP, it’s just bait. It means they got nothing and are trying to lure new buyers with hot air."As meme coins continue to proliferate, investors might need to conduct thorough research, verify the genuineness of these tokens and not be drawn away by the allure of quick profits.
At the time of writing, Dogecoin, the first and largest dog-themed cryptocurrency by market cap, was down 0.53% in the last 24 hours to $0.148, mirroring the lackluster trading action in the cryptocurrency market. has decreased for most of the week, for three out of five days since Monday. The waning demand for risky assets such as cryptocurrencies has been influenced in part by lower expectations for Federal Reserve interest rate cuts.
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