#DODGE ‼️Dogecoin news of the day ❗️
**Closure of DogeChain**, is this an opportunity to burn $DOGE indirectly?
According to recent DogeChain analyses, nearly 25% of users with Dogecoin have lost the access key to their wallet.
Indeed, the closure of DogeChain, a platform for managing transactions in Dogecoin (DOGE), would indirectly allow tokens to be burned.
This simply means that the platform will cease operations and will no longer be available for transactions or storage of DOGE.
Users have been asked to transfer their DOGE tokens to other wallets before the deadline of **June 1, 2024**.
Shadow wallets containing $DOGE will be lost in the Crypto universe and this indirectly increases the value of Dogecoin due to a token burn.
Quick reminder of a token burn: The process of burning tokens involves sending tokens to a wallet address that is out of reach, effectively reducing the circulating supply.
For more information, contact DIOR, see you soon for more information.
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