September 3, 2021, 00:30 GMT
The Dogecoin Foundation emphasized that this project had nothing to do with its own and urged its creators to choose a new name.
The value of the cryptocurrency Dogecoin 2.0 has increased by 457.6% in the past 24 hours, with the unit trading at $0.1599, its highest level ever, according to the latest updated data from the portal. Queen Gekko.
The coin, which was launched on the Binance Smart Chain Network last May, has recently received a lot of publicity. as Potato encryptionDOGE2 has risen due to its inclusion in several major crypto exchange platforms.
It is one of many digital currencies created as a result of the success of Dogecoin, a cryptocurrency Maybe On the popular internet meme which is currently worth $0.2997 a unit, hopefully Get a similar effect.
The Dogecoin Foundation, an organization that provides support to developers and key projects working in that cryptocurrency, including entrepreneur Elon Musk and co-founder of Ethereum Vitálik Buterin, released on Tuesday. release About Dogecoing 2.0 is disassociating itself from the project.
“Newcomers to the crypto space are welcome, but this project has nothing to do with or to do with Dogecoin,” the text reads. “To protect the Dogecoin community from misinformation and to protect the Dogecoin name from potential misuse, we have asked our trademark protection attorneys to contact the Dogecoin 2.0 product developers,” he adds.
They also hope that the new cryptocurrency development team will choose a new name for their project and will not infringe on the rights and reputation of the Dogecoin project. “We look forward to any innovation you can make in future efforts‘ concludes the statement.
Last month the new digital currency Baby Doge Increases 228% in just one day after Musk tweeted about the cryptocurrency. It’s a modified version of Dogecoin that features a new crypto and “improved transaction speed”.
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