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Inevitable 360, a Dogecoin developer, has drawn consideration to a purported rip-off token, DOGE-1 Token. “DOGE-1 Token, they’re utilizing the house mission title to idiot shibes,” he wrote in a tweet.
🚨🚨 SCAM ALERT 🚨🚨
DOGE-1 Token
they’re utilizing the house mission title to idiot shibes.https://t.co/BL3wEGCClbhttps://t.co/xPMFlE5na9Warn everybody u can about this SCAM #doge #dogecoin $doge pic.twitter.com/RvT9BU1Rku
— inevitable360 (@inevitable360) January 9, 2023
Doge-1 Mission to the Moon, or DOGE-1, is a BEP20 token that claims to offer rewards in Dogecoin (DOGE). It additionally describes itself as a “blockchain that rewards holders with reflections in Dogecoin which are funded by transaction taxes.” The Doge-1 token additionally says that there’s a restrict on what number of tokens a pockets can maintain and transact with.
Whereas claims on the standing of DOGE-1, clearly a meme token, are but to be ascertained, the truth that “it gives rewards in Dogecoin” may appear regarding.
The Doge-1 mission was introduced in Could 2021 by billionaire and Tesla CEO Elon Musk. The mission’s purpose is to put a satellite tv for pc in lunar orbit, and it’s anticipated that Dogecoin can be used to fund it.
DOGE-1, the primary crypto-funded mission to the moon, is the results of a collaboration between two blockchain firms and its producer, Geometric Vitality Company, also called GEC.
As of proper now, Elon Musk has not supplied any data relating to a possible launch date. Moreover, the SpaceX group has not but issued a proper assertion relating to the launch.
The one indication of a possible launch date got here from Dogecoin’s graphic designer, DogeDesigner, who tweeted that the launch of the house expedition ought to happen on or earlier than March 2023.
By market worth, Dogecoin is presently the ninth largest cryptocurrency in the marketplace. On Monday, it reached a three-week excessive of $0.0787 earlier than falling again to $0.076 as of the time of publication. DOGE can also be up 6.53% within the final seven days.
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