After the hype about DOGE, SHIB and Baby Doge, one other token referred to as Daddy Doge (DADDYDOGE) lately got here into the highlight. That coin bought after Elon Musk mentioned the phrase “Daddy Doge” in a video during which the Tesla CEO was escorted to a automobile. In addition, the builders of the Daddy Doge venture declare that it’s going to be the first coin in the Doge family to be launched into space. In the previous 7 days of trading, Daddy Doge has made 59.5% revenue.

Another token of the Doge family claims to be the “pillar of the family”

Just once you thought there could not be one other crypto asset associated to Dogecoin, Daddy Doge (DADDYDOGE) joined the giant family of canines that compete in opposition to one another. In truth, Daddy Doge is the thirtieth coin meme that makes use of the identify “Doge” or is impressed by the dog breed “Shiba Inu”.

The Daddy Doge Project will be the thirtieth Doge or Shiba Inu-like token

Statistics for 7 days present a double-digit improve in some Doge-related meme tokens. Daddy Doge is one other token that works on Binance Smart Chain (BSC) and address The contract exhibits that there are about 1 million billion DADDYDOGE. The quantity of distinctive addresses that Daddy Doge maintain is now rising exponentially, reaching 37,643 on April eighth.

A greater have a look at our Times Square billboard on the @Nasdaq Tower! These colors!! #PapaDog pic.twitter.com/1irNGvzJ2W

– PapaDOGE (@DaddyDOGEtoken) August 3, 2021

“Daddy Doge Image in Times Square, New York (Times Square)”.

Website It explains that Daddy Doge is “the breadwinner of the family”. Similar to Baby Doge (BABYDOGE), the venture can be a deflationary crypto asset. In addition, DADDYDOGE has a white paper that describes how the venture “collects 9% tax on every purchase and sale”.

“This tax advantages the whole venture by placing 3% in the liquidity pool so as to have a steady minimal price. 3% will be despatched to all Daddy Doge owners and three% will be added to the advertising and marketing / growth pockets to guarantee the venture can be profitable in the long run. “

Elon Musk says “Daddy Doge” and the price goes up

The motive the Daddy Doge venture bought consideration in the previous 2 weeks is as a result of of a viral video on Twitter. The video is a brief clip of Elon Musk leaving the courtroom in reference to the Solarcity acquisition. Some followers can be heard yelling at Musk and asking him to say “Daddy Doge”. When somebody asks Musk a query, they only say “Daddy Doge” earlier than getting into their Tesla.

DADDYDOGE price chart | Source: Tradingview

Since then, the coin has grown into a phenomenon, very similar to Baby Doge when Musk exclaimed his identify in a tweet a few weeks in the past on July 1st. Market knowledge exhibits that DADDYDOGE is down greater than 18% in the final 24 hours, however is up 59.5% for the week and 19.6% for the final 14 days. Like another “counterfeit” DOGE cash, DADDYDOGE retails for lower than $ 0.01, particularly $ 0.0000002292. At the time of writing, 24-hour statistics present that DADDYDOGE’s trading quantity is round $ 4.6 million.

At present costs and with one trillion tokens in circulation, Daddy Doge’s market cap is round $ 22 million at press time. account Twitter The venture’s Telegram channel has 25.9,000 followers whereas the venture’s Telegram channel has round 28.7,000 subscribers.

Daddy Doge goes into space

Book web page Reddit The venture is extraordinarily lackluster with solely 11 subscribers. Similar to the Baby Doge venture, the crew behind the Daddy Doge protocol made many guarantees. one Video A current YouTube put up about future plans for the venture said that the developer was engaged on “various partnerships, outreach with influencers, and marketing initiatives.”

There can be data that the crew plans to launch Daddy Doge into space. The venture’s twitter account has confirm on August third:

“Officially: Daddy Doge flies into space!”

Video and several other folks on the venture’s Telegram channel and Twitter account alluded to this alleged occasion. “We’re sending Daddy Doge into space with a 360-degree camera,” mentioned Tyler, the crew’s Telegram channel administrator. Video on Youtube additionally makes this declare and says that the crew works with a well-known firm.

Daddy Doge is on the launch pad! Are your suitcases packed? https://t.co/3cvjP2PX13#PapaDog pic.twitter.com/TB536XaXO2

– PapaDOGE (@DaddyDOGEtoken) August 4, 2021

“You will create a first-class DADDYDOGE mascot and a tailored RIG for the launch into space. The RIG gear contains a monitoring display and a 360-degree digital camera to report the whole course of. Daddy Doge will be in space. We will get stay recordings of Daddy Doge in space and in addition the earth in it, “says the video.

The crew reportedly plans to maintain a query and reply session (AMA) whereas the occasion is streaming. It’s laborious to say precisely how the occasion will play out, apart from the extraordinarily imprecise particulars in the movies, Telegram channel feedback and tweets on the topic. Team Baby Doge adopted comparable advertising and marketing techniques when the venture partnered with a NASCAR racer and several other charities.

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