Baby Doge Coin
What Is BabyDoge (BabyDoge)?
Baby Doge Coin has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the DogeCoin online community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is hyper-deflationary with static reflection that rewards holders, so more baby doge coins are being automatically added to your wallet each transaction. Simply love, pet and hold as 5% from each transaction is automatically redistributed to baby doge holders.
BabyDoge was launched in June 2021 and has an ambitious roadmap that includes further efforts for pet charity, NFT creation, GameFi and more.
Who Are the Founders of BabyDoge?
As with other meme cryptocurrencies, it is unclear who the creators and main team behind BabyDoge are. These developers built BabyDoge using the Binance Smart Chain to create an ecosystem that is still Ethereum-compatible. Since its inception in June 2021, BabyDoge has amassed a community of 250k token holders, 85k Telegram members, 85k Twitter followers, and 45,000 Instagram followers.
What Makes BabyDoge Unique?
Rewards in your wallet Baby Doge is cute but with a lot of BITE! $Baby Doge is a deflationary token designed to become more scarce over time, which will benefit Baby Doge price, all else equal. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet. Watch the amount of baby doge grow in your wallet as baby doge coin holders automatically receive a 5% fee from every transaction that happens on the Baby Doge network. The community receives more baby doge coins from the fees generated each transaction.
BabyDoge also has real world utility in its pipeline, which is something uncommon in many meme cryptocurrencies. It features a BabyDoge debit card and mobile application, partnerships with top e-commerce platforms like WooCommerce, Shopify and Magento, and charity tie-ups with animal rescue and shelters like Paws with Cause, Furkids and Best Friends.
Read more in our data-driven analysis of meme token speculations by IntoTheBlock.
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How Many BabyDoge Coins Are There in Circulation?
There is a total supply of 420 quadrillion Baby Doge Coins with 295 quadrillion currently circulating — as 125 quadrillion (about 30%) have already been removed with coin burning. Baby Doge employs three functions to improve Baby Doge’s scarcity: Reflection (adding coins to holders’ wallets), LP acquisition (added as a liquidity pair on PancakeSwap), and coin burning. Of the 10% transaction fee, 5% is redistributed to Baby Doge Coin holders, and 5% is sold by the contract into BNB and added automatically as a liquidity pair on Pancake Swap.
The Baby Doge price was $0.000000000175 when launched, and Baby Doge price hit an all time high of $0.000000007695 on July 4, 2021, representing an almost 44X price increase in less than a month.
Baby Doge Coin also maintains a charity wallet that receives redistributions to donate to charity partners.
How Is the Baby Doge Coin Network Secured?
Baby Doge uses the Binance Smart Chain to provide a Proof of Staked Authority consensus that relies on 21 validators to provide decentralization and enable community involvement.
Where Can You Buy Baby Doge Coin (BabyDoge)?
If you would like to buy Baby Doge, the top exchanges for trading in Baby Doge Coin are currently Gate.io, Poloniex, OKEx, BitForex, Bitrue, DigiFinex, BabySwap, XT.COM, LBank, PancakeSwap (V2), CoinW, and DODO BSC.