Dogecoin Foundation Clarifies Its Relationship With Dogecoin 2.0
DOGEcoin 2.0 is a new project that has recently entered the MEME coin community. The coin promotes itself as the upgraded Doge. A DEFI token on the BSC chain, it is not hard for investors to mistake the token for the original Doge. This has promoted the Dogecoin Foundation to put out a statement to clarify its relationship to the new Dogecoin 2.0 project.
For more blockchain news, please download WikiBit- the Global Blockchain Regulatory Inquiry APP.
Dogecoin And Dogecoin 2.0 Are Two Separate Tokens
The Dogecoin Foundation posted on its website clarifying that Doge 2.0 had no affiliation whatsoever with the original Doge. It outlined that concerned community members had brought the existence of the former to its notice. Seemingly wanting to know if they were a part of the original Doge project. Even though the Doge 2.0 calls itself the Doge upgrade, it is in no way built off of or has ties to the original Doge.
The foundation expressed support for new projects in the community. But needed to protect its community from projects that could mislead them to think they were investing in the original project. To this end, the foundation has asked is brand protection lawyers to contact the developers of the Dogecoin 2.0 project.
The reason for this is to ask the team behind the project to choose another name for its project. As the current one seems to carry the connotation that is it directly affiliated with the original Dogecoin project. The chosen name for their token infringes on the rights and reputation of the Doge brand. And thus, could lead to damaging consequences for the project if things were to go awry with the new token.
Earlier Project Denunciations
The fast rise in popularity of Doge has not come without its demerits. Various projects have come out to claim that they have ties to the original project. Hoping to profit off of its vast popularity. This has created a need for the Dogecoin Foundation to put out public statements clarifying that they are in no way associated with these projects.
Some of these projects have include MoonRabbit AngoZaibatsu and the Dogecoin Foundation using the doge.org domain. The foundation denied any claims of partnering up with either of these entities. Explaining that this was falsely stated by the entities.
The foundation also revealed that they were in opposition to actors who were trying to register trademarks for Dogecoin. As they have no connection to the project from which they were trying to profit. The project has always been committed to remaining freely available for its community. And as such, will continue to make sure that the brand is community-owned.
Article involves exchange
ShitCoin | BowsCoin
Dogecoin | 5-10 years
ShitCoin | Bitsonic
Meme | 1-2 years
ShitCoin | Memetic / PepeCoin
2-5 years | MTL License | Company Registration | MSB License
ShitCoin | BSC FARM
Elon Musk Says He Doesn’t Own Shiba Inu Tokens
The Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE.
Dogecoin Adoption in the US Supercedes Bitcoin and Ethereum, According to New Crypto Survey
The survey polled 41,645 individuals in 22 countries and found that nearly a third of all cryptocurrency holders in the US own Dogecoin.
On-chain data shows nearly 70% of Dogecoin (DOGE) holders are in profit
As many as 70 percent of Dogecoin holders are currently in profit despite the fact that the coin is a long mile off its all-time high of $0.70. The data continues that 26 percent of the holders are in a loss while 6% are breaking even.
Dogecoin co-founder Billy Markus pushes for DOGE nodes to do their part
The Dogecoin co-founder is rallying support for more node operators to support recent changes.
- Token conversion
- Exchange rate conversion
- Calculation for foreign exchange purchasing
- Please enter the number
- Current Currency
- purchasing price
- Amount Required