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Then, according to CoinMarketCap, Jackson Palmer, the creator of Dogecoin, the 25th most valuable cryptocurrencies by market capitalisation, wrote on Twitter.

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In fact, Ultra PRO claims that its trademarks do not touch projects that print Dogecoin. Dogecoin uses the same image as the image, but this is "a different name and project". Ultra PRO, of course, can also argue that similarity creates "consumer confusion" by applying for an extension of its trademark licensee, Dogecoin Items.

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Dogecoin's price rose 50 per cent in 24 hours to $0.042 at the time of writing, its highest price since October 2018, as a result of the frenzied spread of a video about the DogCoin challenge on short video platform TikTok. In response, Dogecoin Twitter warned traders not to speculate. "Please make the right choice and not be influenced or manipulated by someone else's FOMO," Dogecoin said. Be aware of safety. Be smart. (Cointelegraph)