Dogecoin (DOGE) holders are facing the risk of losing access to their assets ahead of the shutdown of a layer2 service. A warning has been raised that if the infrastructure stops operating, millions of Dogecoin could effectively become unrecoverable.

On June 22, blockchain media outlet U.Today reported that a key warning was issued to the Dogecoin community about the layer2 shutdown. The core message was that a service halt may not simply be an operational closure but could also affect users’ access to assets.

The issue concerns a DOGE-based layer2 infrastructure, not the Dogecoin main network. Concerns are growing that assets deposited in or linked to the service could lose their path for transfer or recovery if the layer2 shuts down.

The warning in particular pointed out that millions of DOGE could be left inaccessible. This is seen as an issue that could affect investor assets, beyond the level of a technical failure.

In the cryptocurrency industry, cases have repeatedly occurred in which user assets remain locked up for long periods as external infrastructure such as exchanges, bridges, layer2 networks and wallet services shut down. In this issue as well, asset mobility and access rights are being cited as the key problem rather than price volatility.

What market participants are watching most closely is whether assets can be withdrawn and how much time remains to respond before the shutdown. But disclosures so far have not confirmed a detailed schedule or relief procedure beyond that the shutdown is near and some assets could become inaccessible.

This has led to calls for Dogecoin users to first check whether their assets are linked to the layer2 infrastructure. The risk is likely to be concentrated in assets deposited in the layer2 rather than among all Dogecoin holders.

The industry sees key variables as whether withdrawal channels remain available up to the actual shutdown point and how the millions of DOGE cited are being managed.

Based on what has been confirmed so far, the issue is focused on whether access rights to assets are ensured rather than on the outlook for Dogecoin prices. Concerns are growing that if users fail to respond appropriately before the shutdown, some assets could remain locked up for a long period.