⇗ Bitcoin's Booming Pup, Baby Dog Coin: From a Meme to a Market Contender Despite Looming Setbacks

Recently, Babydoge, a plump bulldog pup became a sensation among the Republican National Convention (RNC) viewers. Known to belong to West Virginia's Jim Justice, he made an appearance at the RNC which made him quite popular with the crowd. Despite his lovable antics, the spotlight is not merely stolen by the pup, the cryptocurrency that shares the name 'Babydoge' also impresses.

BabyDoge, the meme coin has made significant strides in market performance and expansion. The coin recently surged 15%, courtesy a new DAO proposal to eliminate transaction tax. In addition, the cryptocurrency has ventured into the gaming arena with a new Telegram-based interactive game which gained over 1.5 million users in merely 24 hours. Yet, it did face a significant loss due to a CoinEx hack landing its users with an estimated loss of between $2 to $3 million.

Despite this financial hit, the Baby Doge Coin has shown resilience by securing a listing on the top 5 exchange site, KuCoin, and has even announced an attempt to set a Guinness world record with a charity pet food donations event. It has also launched its much anticipated NFTs whilst expanding further through the collaboration with crypto gaming expansion partner Yescoin. Moreover, Baby Doge Coin made a smart contract move and is launching on Solana, establishing bridges to ETH and BNB. These moves and successful developments against the backdrop of setbacks convincingly demonstrate the potential of Baby Doge Coin in the evolving realm of meme cryptocurrencies.

Babydoge News Analytics from Mon, 07 Jun 2021 05:59:19 GMT to Wed, 17 Jul 2024 21:44:26 GMT - Rating 5 - Innovation 2 - Information 4 - Rumor -1