Mishaboar, a developer and contributor to Dogecoin (CRYPTO:DOGE) , has recently issued a warning to the Dogecoin community regarding the hazards of participating in the cryptocurrency leverages and derivatives market.

Highlighting the market's current instability and unpredictability, Mishaboar advises investors about the significant risk of facing substantial losses.

Emphasising caution, he strongly recommends avoiding crypto derivatives, pointing to the potential financial dangers embedded within such volatile investment strategies.

This alert from a prominent figure in the Dogecoin community serves as a critical reminder for investors to tread carefully in the tumultuous world of cryptocurrency derivatives.