Baby Doge Coin Price Prediction and Cryptocurrency Investment Guide

Lovata Andrean

Baby Doge Coin Price Prediction and Cryptocurrency Investment Guide
Baby Doge Coin Price Prediction and Cryptocurrency Investment Guide

Rancakmedia.com – Today's price of Baby Doge Coin according to Coinmarketcap statistics when this article was published was IDR 0,000041 with a 24-hour trading volume of IDR 250.087.743.926. Coinmarketcap publishes data in real time to rupiah, so be sure to track its fluctuations if you are interested or have invested in the Baby Doge coin.

Baby Doge Coin price fell 6,85 percent in the last 24 hours. The current CoinMarketCap ranking is 2760, with instant market cap not available. Circulating supply is inaccessible and max. supply of 420.000.000.000.000.000 Baby Doge Coins.

If you want to know where to buy Baby Doge Coin, the main exchanges for trading in Baby Doge Coin are currently OKEx, ZT, Gate.io, Bitrue, and PancakeSwap (V2). Baby Doge Coin started in June 2021 and like other joke cryptocurrencies, it is unknown who the inventor and core team behind BabyDoge are.

This developer built Baby Doge Coin using Binance Smart Chain to build an environment that is still compatible with Ethereum. Since its founding in June 2021, Baby Doge Coin has developed a community of 250.000 token holders, 85.000 Telegram subscribers, 85.000 Twitter followers, and 45.000 Instagram followers.

Baby Doge Coin, has become one of the most talked about new cryptocurrencies. But how will Baby Dogecoin continue and develop in the fiercely competitive cryptocurrency market? It wouldn't be Elon Musk if his tweets didn't make a big impact on the market crypto.

These 5 considerations before buying at Baby Doge

Recently, Elon Musk delighted the cryptocurrency market with a new surge in Baby Doge. The value of digital assets has increased dramatically since Elon Musk's single tweet. On July 1, Baby Doge's value jumped 228,3 percent in 24 hours. Baby Doge has been on a bullish run since then and is up 723 percent.

Elon Musk's impact on cryptocurrencies, however, is nothing new, but analysts wonder about the long-term legitimacy of Baby Dogecoin. Some trading sites mention Baby Dogecoin in their sales. This cryptocurrency can be accessed on Pancakeswap, MEXC Global, XT.com, and Lbank.

According to Pancakeswap, the initial edition of Baby Doge has potential liquidity with US$71 million in 24-hour swaps, while the second version shows more than US$3 million.

What differentiates Baby Dogecoin from other cryptocurrencies is its infant status. For every Baby Dogecoin transaction, users have to pay a 10 percent fee but 5 percent of the fee is distributed to each Baby Dogecoin holder.

Pancakeswap Baby Doge's liquidity is driven by the last 5% of fees. While Baby Doge is on the rise, another joke cryptocurrency, Dogecoin is down about 11,4 percent throughout the week compared to Baby Dogecoin's 248 percent surge.

Experts worry that Baby Doge may face the same fate as Dogecoin after this “temporary” boom. This is also if we compare all Doge tokens, for example Shiba Inu rose 7,4 percent, Dogelon Mars (ELON) rose 31 percent and Elon Doge Token (EDOGE) jumped 20 percent.

Comparatively, Baby Dogecoin has not achieved as high a trading volume as others, but its gains suggest otherwise. Based on estimates, Dogecoin has a trading volume of around US$1,3 billion and Shiba Inu has over US$400 million.

So remain careful when starting to invest in cryptocurrency, evaluate everything first before starting to make purchases. Recently, Elon Musk delighted the cryptocurrency market with a new surge for the new cryptocurrency, Baby Doge.

Also Read

Share:

Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks