WifeDoge price

WIFEDOGE

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.

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.

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.

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