The Dogecoin Foundation has ensured that this project has no connection to its own and has urged its creators to choose a new name.
The value of the cryptocurrency Dogecoin 2.0 has soared 457.6% in the last 24 hours, trading the unit at $ 0.1599, its all-time high, according to the latest updated data from the CoinGecko portal.
The currency, which was launched on the Binance Smart Chain Network last May, has been the subject of a lot of publicity recently. According to CryptoPotato, DOGE2 has risen due to its listing on several of the major cryptographic exchange platforms.
It is one of the many digital currencies created as a result of the success of Dogecoin, a cryptocurrency inspired by a popular internet meme that is currently worth $ 0.2997 per unit, in the hope of obtaining a similar effect.
The Dogecoin Foundation, an organization that provides support to the main developers and projects that work in that cryptocurrency, including businessman Elon Musk and Ethereum co-founder Vitálik Buterin, issued a statement on Tuesday about Dogecoing 2.0 distancing itself from the project.
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