Story: Emerging crypto- Baby Doge (BabyDoge) ; 12-25-2021;
Emerging cryptocurrencies in 2021- Baby Doge (BabyDoge).
Baby Doge Coin:
• Baby Doge Coin is up 18.96% in the last 24 hours and the supply of baby doge coin is 420,000,000,000,000,000 at max.
• BabyDoge was launched in June 2021 and has an ambitious roadmap that includes further efforts for pet charity, NFT creation, GameFi and more.
BabyDoge rewards its holders a 5% fee from every transaction that happens on the Baby Doge network. that is automatically sent to their wallets. Mantra is clear, “more the transactions, more the baby doge coins in holders wallet.” according to the official website for BabyDoge.
The altcoin 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.
A meme coin which was created because of a joke tweet by Elon Musk, Baby Doge has seen early growth. This is similar to the story of the Shiba token, which also gained early popularity. Although there may be an investment opportunity with Baby Doge, it’s important to do your research because it will definitely be volatile.
Baby Doge created when Elon Musk made a tweet about Dogecoin, tweeting the tune of Baby Shark, but replacing Shark with Doge, in June 2020.
The official website for Baby Doge coin says it is a perfected and updated version to “its father” Doge, as its introduction says “Baby Doge Coin has learned a few tricks and lessons from his meme father, Doge.”
Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with static reflections 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.
The creators and main team behind BabyDoge are unknown just like other meme cryptocurrencies. These developers built BabyDoge using the Binance Smart Chain to create an ecosystem that is still Ethereum-compatible.
THE RISE OF BABY DOGE:
In the morning of July 1, Baby Doge traded at around Rs 0.000000063612. Through the day, after Musk’s tweet, the price of the coin shot up to about 1.4x to hit Rs 0.000000155717.
This was the highest ever price in Baby Doge’s short existence, after it rose 8x in one month since its debut back in June.
However, as soon as Baby Doge’s price started increasing and reports started flowing in basis Musk’s tweet and the crypto’s prices, the coin also started seeing a fall in its prices.
BabyDoge enjoys a good fanbase and solid community of 250k holders, with 85k Telegram members, 85k Twitter followers, and 45,000 Instagram followers.