Baby Doge Coin (BabyDoge) continues to make headlines, showing a 9.8% increase over the last week, along with a 20% surge in a 24 hour period. A decisive factor in this rise has been a recent DAO proposal that aims to eliminate transaction tax, causing the coin's price to leap by 15%. Despite the success, some warn of a possible disaster brewing for meme coins like
Baby Doge, Shiba Inu, and Smog.
Baby Doge has also managed to pass $10M in token locks, nearing an impressive $60M in TVL. It seems to be outpacing its major competitors such as Shiba Inu and Raboo in the current crypto frenzy. Excitement is further fueled by the successful presale of the BabyDoge P2E Companion Game, surging to $4 million. The coin has also shown immense potential with its secure listing on the top 5 exchange KuCoin and the much-anticipated release of NFTs. A decolossal factor in its growth includes the launch of
Baby Doge Chess, the meme coin's first game. In addition to these achievements, following the Baby Doge community's proposal to go multichain, the coin's association with strong innovation and potential has strengthened. Despite stiff competition such as Floki and BEFE, Baby Doge continues to maintain a firm grip on the market. Lastly, the token contract proposal's passing on both Ethereum and BNB chain promises a further surge for Baby Doge. However, concerns still linger on the risky nature of meme coin investments, and it remains to be seen how
Baby Doge overcomes these challenges.
Baby doge News Analytics from Mon, 07 Jun 2021 05:59:19 GMT to Sat, 20 Jul 2024 11:28:05 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 2
