Dogecoin's Wife 'Wifedoge' Grew More Than 3,000% In Market Capitalization, And Elon Musk Is A Fan

Last week the Wifedoge cryptocurrencythe wife of Dogecoin DOGE/USD, exceeded a market capitalization of 2.32 million dollars, more than 3,000% in market capitalization in just one day.  

  • However, on Sept 2, its capitalization plummeted to $301,406.
  • According to EntrepreneurTesla Inc TSLA CEO Elon Musk is now attracted to Wifedoge. 
  • In July Wifedoge announced in a tweet that they would reserve 5% of the Wifedoge units for Musk.
  • "We will give them to you at the right time; otherwise 5% of the tokens will be forever blocked," reads a tweet from the Wifecoin account.
  • On Friday, Musk tweeted, “Time is the ultimate currency,” leaving many people to wonder whether he is indicating that Doge is not the ultimate currency. 
  • Wifedoge has a total supply of 747 quadrillions, and it features Safe Auto-farming and Locked Liquidity.
  • The majority of the LP tokens are locked, and some automatically burn 2% at every transaction.

(Photo : Screenshot from Twitter post of @wifedoge)

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsTop StoriesMarketsGeneralcapitalizationdogecoinMarketwifedoge
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!