Dogechain Countdown: Users Must Withdraw Assets Before August 8 Shutdown

Dogechain, an EVM-compatible sidechain built to bring DeFi and NFT functionality to Dogecoin holders, is shutting down permanently on August 8 at 12:00 PM UTC.

The project announced a 60-day withdrawal window starting in June, giving users until the August deadline to pull out any bridged DOGE or related tokens.

Users are rushing to withdraw their assets as reports indicate heightened activity underlining a risk that's easy to forget during normal operations: bridged liquidity carries custodial risk that scales dramatically during shutdown scenarios.

The Dogechain native token, DC, trades at roughly $0.00002 with a market capitalization of approximately $2 million and negligible trading volumes.