A Dogecoin (DOGE) Influencer sounded the alarm about a fraudulent attack targeting members of the DOGE community. The influencer issued a critical warning about a new fraudulent social media account impersonating the Dogecoin Foundation.
Dogecoin impersonation scam discovered
On August 17, a DOGE influencer identified as “Inevitable360” took to X (formerly Twitter) to announce a new scam attempt on the Dogecoin community. The influencer exclaimed that a fraudulent account on X had been identity theft the official X account of the DOGE Foundation.
THE Dogecoin Foundation is a non-profit foundation dedicated to facilitating and promoting the technical development and value of DOGE. Due to the foundation’s influence and growing popularity on social media platforms, it has become a target for scammers looking to exploit the trust and enthusiasm of DOGE members. DOGE Community.
According to Inevitable360, the spoofed account mimicked the Foundation’s X profile, using similar branding and messaging to lure in unsuspecting people. DOGE Investors in potential scams. The Dogecoin influencer also shared a screenshot of the impersonator’s X account, which has already amassed over 69,300 followers.
A crypto member has alleged that the account first built its follower base and obtained verification under a different identity before rebranding to impersonate the Dogecoin Foundation.
In light of the ongoing scam, Inevitable360 has urged the Dogecoin community to report the fake account in order to prevent investors from falling victim to these fraudulent schemes. This will also help raise awareness in the DOGE community and potentially deter further potential scam activities.
Meme Coin Communities Face Growing Scam Attacks
Meme coin communities face a Alarming increase in fraudulent attacksputting investors and community members at risk. Like meme currencies like Dogecoin and Shiba Inu (SHIB) As these communities gain popularity, the number of fraudulent schemes targeting their communities continues to grow.
Dogecoin has witnessed a significant number of fraudulent attacks, ranging from phishing attacksidentity theft and other scam attempts. On the other hand, Shiba Inu has also alerted community members of various Fraudulent activities targeting SHIB investors.
In a X post On August 18, Shiba Inu scam tracker Shibarmy Scam Alerts alerted community members to the presence of fraudulent sites and malicious individuals attempting to SHIB Investor Scam. Due to the increase in scam activities in the meme coin domain, Shibarmy Scam Alerts presented ways for investors to protect themselves against scam attempts.
The SHIB tracker stressed the importance of keeping crypto wallet private keys safe at all times. Additionally, investors should always verify websites and links before disclosing sensitive information, as scammers often create fake websites or impersonate certain ones.
Finally, the Shiba Inu tracker urged investors to continue report suspicious fraudulent activity immediately to the platform administrators and, if necessary, to law enforcement. In addition, investors should strive to remain vigilant and protect their crypto assets from malicious scammers.
Featured image from Adobe Stock, chart from Tradingview.com
