Dogecoin Continues to Thrive as a Leading Meme Coin

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Dogecoin (DOGE) continues to maintain its presence as the market’s undisputed largest meme coin. In the past, its entry into the top 10 was catalyzed by overt support from Elon Musk. Since those days, DOGE has consistently demonstrated the staying power of a meme coin in the market by always hovering around the top 10.

Current Status of DOGE

A significant announcement regarding an eagerly awaited event was made to the Dogecoin (DOGE) community. It was stated that there are no official airdrop plans related to the cryptocurrency.

The increase in scams targeting DOGE investors has prompted this warning, highlighting potential risks and financial losses in the market.

Airdrop events, known as free token or coin distributions, are usually used by new or officially existing crypto projects as a promotional tool or a reward for early users. However, this system can also be exploited by scammers.

A response to these concerns also came from prominent members of the DOGE community. The warning was as follows:

There is no official Dogecoin airdrop. Any claims or demands suggesting otherwise should be treated with skepticism and caution.

In line with this statement, Dogecoin developer Inevitable 360 confirmed that no Dogecoin airdrop has occurred and that none will occur, warning that any contrary views could be deceptive.

Meanwhile, the Dogecoin community is preparing to celebrate Doge Day. As Doge Day celebrations, which involve millions of investors, approach, the community appears ready to come together for a spirited celebration.

Dogecoin (DOGE) Day is celebrated annually on April 20th with various events.

Dogecoin supporters have already started sharing jokes and meaningful sayings on social media platforms like X in honor of the day.

How Much is 1 DOGE in Turkish Lira?

As of this writing, DOGE has risen to $0.164 following a 7% increase over the last 24 hours. According to data provided by IntoTheBlock, for Dogecoin to reach new highs, a significant number of addresses known to have purchased need to break the $0.20 level, which continues to hold Dogecoin at a loss.

Additionally, looking at the TRY price of DOGE, it was trading at 5.32 TL at the time of writing, which also represents a 7% increase in TL terms.