The obvious issue is: where did this object come from? The solutions are hypothetical. One theory is that it was captured by the general population of NEOs in its Earth-like orbit. Its low eccentricity and inclination, on the other hand, are unusual for captured co-orbital states in numerical simulations.
This newly exposed moon is smaller than our moon and goes about the Earth astonishingly irregularly, but motionless, two is quite improved than one. This second “moon,” is actually an asteroid called 2016 HO3 and it is at present locked into “a little dance” with Earth. It’s being called as “Quasi-Moon”.