Following the hype surrounding dogecoin, shiba inu, after which child doge, one other token known as daddy doge (DADDYDOGE) has been gathering steam. The coin noticed some curiosity after Elon Musk stated the phrases “daddy doge” in a video of Tesla’s CEO being escorted to a automotive. Moreover, the builders of the Daddy Doge venture declare the coin would be the first of the Doge household of cryptocurrencies to be despatched to area. Over the past seven days of buying and selling, daddy doge has gathered 57.6% in positive factors.
One other Doge-Like Token Claims To Be ‘the Head of the Household,’ Turns into the 30th Shiba Inu Knockoff Coin
Simply if you thought there couldn’t probably be one other dogecoin-related crypto asset, one other token known as daddy doge (DADDYDOGE) has entered the pack of competing canine belongings. In reality, daddy doge joins the pet mill of cash or the 30 meme crypto belongings that leverage both the title “doge” or the “shiba inu” breed.
Seven-day statistics present numerous doge-related meme tokens have seen double-digit positive factors. Daddy doge is one other Binance Good Chain (BSC) token and the contract address exhibits there’s roughly 1 quadrillion DADDYDOGE. The quantity of distinctive addresses that maintain daddy doge as we speak has risen exponentially and instructions 37,643 addresses on August four.
— DaddyDOGE (@DaddyDOGEtoken) August 3, 2021
The coin has a website that explains that the Daddy Doge venture is “the pinnacle of the household.” Much like baby doge (BABYDOGE), the so-called head of the household can be a deflationary crypto asset. DADDYDOGE additionally has a white paper that particulars how the venture “takes a 9% tax from every purchase and promote.”
“This tax acts to profit the venture as a complete by placing Three% within the liquidity pool for a steady value ground,” the white paper says. “Three% [is] proportionally mirrored again to all holders of a daddy doge token and three% added to a advertising/dev pockets to be sure that the venture is ready to reach the long run.”
Elon Musk Says ‘Daddy Doge’ in a Video, BSC Token Surges
The explanation the Daddy Doge venture has gained consideration during the last two weeks is due to a video that went viral on Twitter. The video is a brief clip of Elon Musk leaving a court docket case involving the acquisition of Solarcity. A lot of followers may be heard yelling at Musk asking him to say “Daddy Doge.” When somebody requested Musk a query, he merely stated “Daddy Doge” earlier than getting into his Tesla automobile.
Since then, the coin has seen some market traction, similar to child doge (BABYDOGE) did when Musk said the coin’s name in a tweet a number of weeks in the past on July 1. Market data exhibits through the previous 24 hours DADDYDOGE is up over 13%, 57.6% for the week, and 72.Three% over the last two weeks. Similar to among the different dogecoin (DOGE) knockoffs, the daddy doge token trades for means lower than a U.S. penny at $zero.000000030619 per unit. On the time of writing, 24-hour stats present DADDYDOGE commerce quantity is round $four.Three million.
On the present value and with one quadrillion tokens in circulation, the market capitalization of daddy doge is round $30 million on Wednesday morning. The venture’s Twitter account has 25.5K followers whereas the venture’s Telegram channel has round 28.7K subscribers.
Allegedly Daddy Doge Is Headed to House
The venture’s Reddit page is extraordinarily lackluster with solely seven subscribers. Much like the Child Doge venture, the crew behind the Daddy Doge protocol has made numerous guarantees. A recent Youtube video of future plans for the Daddy Doge venture claims the builders are within the midst of “quite a few partnerships, influencers, and advertising initiatives.”
It is official, Daddy Doge goes to area! #DaddyDoge
— DaddyDOGE (@DaddyDOGEtoken) August 2, 2021
There’s additionally a declare that the crew plans to ship a daddy doge (DADDYDOGE) token to area. The video and numerous folks within the Telegram channel and the venture’s Twitter account have been alluding to this purported occasion. “We’re sending daddy doge into area with a 360-degree digicam,” Tyler, an admin of the crew’s Telegram channel stated within the chat. The Youtube video additionally makes this assertion and claims the crew is working with a well-known firm.
“They are going to be making a customized RIG and high-end DADDY DOGE Mascot to be shot up in House,” the video says. “This rig will embrace a viewscreen in addition to a 360-degree digicam to seize your complete course of. Daddy Doge shall be IN SPACE. We’re getting reside footage of Daddy Doge in area with EARTH within the background.”
Reportedly the token crew plans to have an ask-me-anything (AMA) whereas streaming the occasion. It’s laborious to say what the occasion will particularly entail moreover the extraordinarily obscure particulars within the video, the Telegram channel feedback, and tweets concerning the topic. The Child Doge crew engaged in related advertising ways when the venture linked up with a NASCAR driver and some pet charities.
Baby doge (BABYDOGE), however, hasn’t had a spectacular week like daddy doge, because the token is down 12.5% over the last week. Regardless of being down 2-Three% during the last seven days, dogecoin (DOGE) and shiba inu (SHIB) are nonetheless the highest doge-related meme tokens in existence.
What do you concentrate on the Daddy Doge venture and the claims a token shall be shot into area? Tell us what you concentrate on this topic within the feedback part under.
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