Baby Doge Coin continues its unexpected rally, with a slew of recent milestones and plans for future expansion driving its growth. The BABYDOGE token is in the process of making its first multichain move, with the community casting votes on its destination, signaling a new phase in the coin's development. Highlighting this surge, the
coin's price rallied 20% over 24 hours - following a DAO proposal which aimed to eliminate transaction tax. The cryptocurrency has also prepared to launch on Solana, looking to establish bridges to Ethereum and BNB. With its price predictions being bullish and new listings, all eyes are on
Baby Doge Coin to see where it goes next. However, some warnings have surfaced amongst the optimism. Meme Coins, like Baby Doge Coin, Shiba Inu and Smog, have been considered for disaster, potentially attracting investors who underestimate the volatility of these types of assets. Regardless, the launch of Baby Doge's virtual crypto card for online and in-person purchases and the unveiling of a chess game on the BNB chain testnet demonstrate the coin's efforts to expand its use case. Yet some sources caution of whales dominating meme coin supplies, which could lead to extreme market volatility. Amid all of this, Baby Doge Coin's Twitter accounts have been hacked, with attackers promoting a fake airdrop. Furthermore, the coin suffered a major setback after holders experienced a $3M loss in the CoinEx exploit.
Baby doge News Analytics from Thu, 03 Aug 2023 07:00:00 GMT to Fri, 21 Jun 2024 18:58:40 GMT -
Rating 6
- Innovation -3
- Information 8
- Rumor 3
