Baby Doge Coin to USD live
A Regular Day in the World of Crypto
Would it even be a regular day in the world of crypto if we weren’t talking about a new and possibly improved meme coin?
Think About Your Portfolio
I want you to sit back and think about your portfolio for a second. Now, if you’re a dog owner, I want you to think about them. How many dogs do you own? I’d be willing to bet that you own more in your portfolio. After all, these four-legged coins have taken the market by storm.
Introduction to Baby Doge
But today, we’re specifically going to be talking about the new and “improved” community-driven dog-based coin, Baby Doge. A crypto built by the fans of Doge, Baby Doge seeks to impress its father by showing new and improved transaction speeds while managing to be even more adorable.
What is Baby Doge?
According to Baby Doge’s website, they describe the token as a hybrid deflationary coin with an intelligent staking system integrated into the platform. The token targets a big goal in that they want to bring their meme coin to the forefront of the mainstream by providing rewards, NFTs, decentralized exchanges, and even the opportunity to use credit cards as crypto payment on their website—something that is traditionally not found in the crypto scene, let alone for such a young coin.
Launch and Early Success
The coin, built on the Binance Smart Chain, launched in June of 2021. Within just three weeks of launching, Baby Doge surpassed 100,000 holders—a historical number for crypto, as previously getting such a new coin off the ground in less than one month is rarely heard of. Baby Doge claims to be the fastest-growing crypto of its kind.
Baby Doge’s Mission
While providing the everyday person with an introduction to crypto, the platform also looks to actively save dogs in need. According to Baby Doge’s tokenomics, their goal is to reward long-term holders of the token with a five percent redistribution of all token transactions back to the users and a five percent distribution to liquidity pools. Baby Doge aims to grow wallets simply for holding their token.
Unruggable and Liquid
Furthermore, according to the wolf pages, the token is unruggable and equipped with the majority of the liquidity pool locked while the other part is burned, allowing consistent and constant liquid value. As stated previously, Baby Doge aims to help dogs in need, and with each burn comes a donation to a charity wallet which distributes to foundations linked to the Baby Doge cause.
Influencer Support
The coin has seen support from influencers such as Soulja Boy and, of course, the Dogefather himself, Elon Musk. Musk tweeted multiple times, hinting at his allegiance to the Baby Doge coin; however, he never clarified his stance, leaving buyers pulling at the strings as they drove the coin’s price up, buying in on the Tesla owner’s hype.
Baby Doge Platform Features
After reading the wolf papers thoroughly, it’s not hard to see why Baby Doge’s platform currently has five major features:
- Baby Doge Swap: This makes Baby Doge one of the first community-led tokens of its kind to host a decentralized swap on its site at launch.
- Baby Doge Card Pay: This makes Baby Doge one of the few cryptocurrencies and meme coins to offer on-site credit card processing for payment.
- Baby Doge Paw Wallet: This wallet allows users and holders to track wallet balance, coin valuation, static reflection rewards, and more.
- Baby Doge NFTs: An entirely new NFT marketplace where users on the Baby Doge platform can put up their art and sell them, with a percentage of the sale going to charity to help save dogs in need. Users can also use the marketplace to buy and sell NFTs of their own.
- Baby Doge Swag: A merchandise store for Baby Doge owners to buy and support their favorite meme coin through some swag. Proceeds from each sale here also go to charities for dogs in need.
Token Burn and Circulation
Baby Doge’s coin pool started out at 420 quadrillion tokens, which later burned over 125 quadrillion tokens, leaving the community with a circulation of over 295 quadrillion coins. Its automatic and manual burn sequences allow the coin circulation to decrease greatly while still maintaining a large population for buyers to hold. These burns free up liquidity and drive values up for massive gains for token holders.
Current Market Status
The current token price of Baby Doge is $ <0.000001 per (BabyDoge / USD) . The coin has seen a gain of over 85% in the past 30 days and has a rising trading volume of over $12.3 million. With Baby Doge looking to hit over one million holders in its first five months of operation, it can be expected for a surge in price to hit the market pretty soon.
Baby Doge Coin to BTC live