What Is WifeDoge (WIFEDOGE)?

WifeDoge is a meme cryptocurrency that aims to outperform Dogecoin by speeding up transactions and providing additional deflationary features that reward users. Meme coin is a cryptocurrency generally associated with a theme, often created as a joke. WifeDoge aims to reward users by providing them with a portion of all transactions, similar to other meme cryptocurrencies. This implies, WifeDoge automatically gets added to users' wallets over time. More supporters and holders of the coin are encouraged due to this reflection.

The whitepaper states that WifeDoge claims to be a "hyper-deflationary" cryptocurrency. Deflationary tokens are tokens that reduce the coin's quantity on the blockchain. There are multiple features that the platform aims to provide, such as:

• Holders receive passive incentives while watching their WifeDoge balance grow indefinitely through static reflection. It’s a self-generating mechanism where every transaction is taxed and users receive tokens simply by holding the token.

• The locked liquidity of this coin is unruggable, with the bulk of LP tokens locked and some burned, LP is always available. The platform burns 2 percent of each transaction automatically. Burning implies removing coins from circulation by sending them to an inaccessible wallet address, thereby increasing the token's value.

• The platform has a specific charity wallet that receives redistributions for charitable partners. WifeDoge token is represented as WIFEDOGE. The total supply of the WifeDoge token is 747 Quadrillion WIFEDOGE. Out of the total supply, 2% of the supply goes to automatic burning, 5% of the supply is used for rewards, 5% is used to add liquidity, 12% is used for slippage purposes, and WifeDoge saves 5% of the token supply for Elon Musk.

History of the WifeDoge (WIFEDOGE)

WifeDoge was launched in Jul 2021. The token's website and its whitepaper were released in the same year.