WifeDogeWIFEDOGE
$0.0000000000271
Market/Exchange
WIFEDOGE Price Prediction and Price Movement
WIFEDOGE has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that WIFEDOGE's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if WIFEDOGE is backed by a solid development team and whether WIFEDOGE's technology has any potential to grow.
Please note that this analysis is purely base on WIFEDOGE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
WifeDoge Price Chart
About WifeDoge
What Is WifeDoge (WIFEDOGE)?
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**WifeDoge is a community-driven Binance Smart Chain (BSC) meme coin that is based on the popular Dogecoin. The coin has a tongue-in-cheek description of its features, advertising WifeDoge as the “good wife who can help make doge money.” All users have to do is hold WifeDoge and they will get rewarded while abandoning her will trigger a punishment mechanism. In other words, the token is based on a deflationary mechanism with taxes on purchases and sales of the token. WifeDoge also promises safe auto-farming, locked liquidity, a charity wallet and 5% of the total supply reserved for Elon Musk.
Who Are the Founders of WifeDoge?
As is almost always the case with meme coins, the founders behind WifeDoge are unknown. While there are plenty of examples of successful cryptocurrencies with anonymous founders, only very few meme coins feature among those.
What Makes WifeDoge Unique?
The most defining feature of WifeDoge is its deflationary mechanism that many other meme coins also implement. To disincentivize selling, WifeDoge taxes each transaction at 12%. Of those, 2% is burned, 5% is redistributed to token holders, and 5% is added as liquidity. With this mechanism and a strong following on social media, WifeDoge hopes to achieve its goal of improving on Dogecoin by “improving transaction speeds and adding more deflationary attributes that reward users.” WifeDoge also plans to increase its marketing effort even further, with the goal of hitting 200,000 Telegram followers and 210,000 holders listed in its roadmap. Furthermore, it promises to have charity donation activities, although it is not specified exactly how these are supposed to look like.
WifeDoge was featured in a couple of international newspapers in different countries, such as Russia, Ukraine, Vietnam, the United States, and more. Probably the most unusual “feature” of WifeDoge is its pledge to donate 5% of its supply to Elon Musk “at the right time.” If this doesn’t happen, the tokens are supposed to stay locked forever.
Related Pages:
Check out Dogecoin (DOGE) — the OG meme coin with the highest market cap.
Check out DrunkDoge (DRUNK) — another highly popular dog-themed meme coin.
Read our in-depth article about Golden Doge, another Dogecoin copycat.
Get the latest crypto news and latest trading insights with CoinMarketCap Alexandria.
How Many WifeDoge (WIFEDOGE) Coins Are There in Circulation?
WifeDoge has a maximum supply of 747 quadrillion WIFEDOGE. As of October 8, 17.885% of that supply has been burned. WifeDoge does not specify how much of the supply goes to the team. An artificially high supply is a popular tool among meme coins to incentivize buyers with a big amount of token holdings that can appreciate in value.
How Is the WifeDoge Network Secured?
WifeDoge is a BEP-20 token on the Binance Smart Chain. Its liquidity is locked by dxsale.
WifeDoge lives on the Binance Smart Chain (BSC), the home of most meme coins because of its fast transaction times and low fees. Similar to other meme coins of the Doge family, WifeDoge wants to benefit from the success of its bigger brother Dogecoin.
BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
When Will WifeDoge Trading Begin?
According to the team, WifeDoge was launched in July 2021 but trading of WifeDoge only began in September 2021.
Can WifeDoge Hit $0.01?
With a massive supply of 100 quadrillions, WifeDoge will almost certainly not hit $0.01. The website does not specify how WifeDoge wants to differentiate itself from other Dogecoin copycats, although WifeDoge certainly has a respectable social following. How much WifeDoge will appreciate will also depend on the continuous marketing effort by the team and, of course, the success of Dogecoin.
Where Can You Buy WifeDoge (WIFEDOGE)?
WIFEDOGE is available on Pancakeswap (V2).