Only the Dogecoin team has complete control over how much supply gets burned each time. The team has already undertaken manual burning of over 125 quadrillion tokens so far. Since its launch on June 1, 2021, BabyDoge has amassed a community of 250,000 holders, 85,000 Telegram members, 85,000 Twitter followers, and 45,000 Instagram followers.īaby Dogecoin has a total supply of 420 quadrillion tokens.With a market cap of $45,763,836, it currently stands at the 2615th position as per Coinmarketcap. The current Baby Dogecoin price stands at $0.000000001661 with a 24-hour trading volume of $12,005,300.And it crossed 160,000 holders in 4 weeks.In 3 weeks, its market cap touched $200 million.The next day, it had lost 50% of its value! In the next 2 weeks, its price rose by over 1000%.However, the earliest price wasn’t recorded until June 9 when it cost $0.000000000175. After the launch, Baby Dogecoin’s prices went up pretty quickly after it found fans and new buyers quickly.It is more similar to Shiba Inu, each having a limited token supply and staking benefits, with the coin adding no core utility to any specific use case. Besides the name, it has no more similarity to its father, Dogecoin. This simply means the more you transact in and hold Baby Doge, the more returns get added to your wallet. Baby Dogecoin was developed by the fans and members of the Dogecoin online community on June 1, 2021, as a yield farming token, based on an integrated smart staking system, with increased transaction speed.Here we present to you Baby Doge’s Biography to date to help you rationally decide your course to buy baby Dogecoin. You, as investors, must be highly inquisitive about the coin and wondering how to invest in Baby Dogecoin. The coin is just two months old and gaining considerable traction from the crypto community. “The objective is to impress my father by demonstrating my new increased transaction speed and cuteness.” And soon Dogecoin’s ascent was a piece of old news.īaby Doge, represented by the Shiba Inu Dog staring endearingly at you, started getting loads of hype, particularly, after Musk tweeted a random tweet containing the lyrics of the song ‘Baby Shark’ substituted with the chant of ‘baby doge, doo, doo…” Its objective hilariously reads: The value of Dogecoin stands at $0.26 as of 13th August 2021. The value of Dogecoin was multiplied several folds after Tesla’s CEO endorsed the meme coin on Twitter. But that’s how we would like to summarize the birth of a coin from a coin that was born off a meme!ĭogecoin, which started its cryptocurrency journey back in 2013, had risen up the popularity charts early this year. Baby Dogecoin is a ‘new baby’ on the cryptocurrency bourse birthed from the wedlock of the famous Dogecoin and its fans and members of the community.
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