Citing Bijié Wǎng, Dogecoin developer Mishaboar has warned the community to be cautious of fraudulent 'official' projects using the DOGE brand, such as treasury bonds, ETFs, and loan programs. He emphasized the decentralized nature of Dogecoin and labeled these products as 'high-risk IOUs' that could lead to investor losses. Despite the caution, Dogecoin's price rose to $0.1830, up 4.89% in 24 hours, with trading volume surging 31.33% to $2.01 billion, driven by optimism around ETF applications and U.S. government developments.
Dogecoin Developer Warns Against Fake 'Official' Projects, Price Rises to $0.1830
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