Dogecoin clone gained almost 1000% in 24 hours

Many cryptocurrencies are common clones of previously created tokens. One of them is Wifedoge. It has become a clone of Dogecoin.

What is it?

Note that Dogecoin cryptocurrency itself is a clone of Luckycoin, which in turn was copied from Litecoin. And now it's time to copy Dogecoin itself, which made a lot of noise in the spring of 2021 thanks to (or because of) Ilon Musk.

A group of unknown people created a digital currency called Wifedoge. Between August 30 and August 31, its value rose nearly 1000% to $0.000000000032. In the last 24 hours, the cryptocurrency's price has dropped by a quarter, to $0.000000000022.

What's interesting, the official website of Wifedoge states that the owner of 5% of all coins is American billionaire Ilon Musk, who significantly contributed to the growth of Dogecoin. The creators of the digital currency noted that soon it will rise in price to the level of DOGE. Recall, Dogecoin is now worth $0.2822. That means that Wifedoge will need to rise in price about 13 billion times more.

Source: CoinGecko, CoinMarketCap