Baby Doge Coin Price Prediction Along with Cryptocurrency Investment Guide
Rancakmedia.com – Today's Baby Doge Coin price according to Coinmarketcap statistics at the time 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 in or have invested in Baby Doge coin.
The price of Baby Doge Coin is down 6.85 percent in the last 24 hours. CoinMarketCap's current rating 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 to trade on 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 is the inventor and core team behind BabyDoge.
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 grown a community of 250,000 token holders, 85,000 Telegram subscribers, 85,000 Twitter followers and 45,000 Instagram followers.
Baby Doge Coin, became one of the most talked about new cryptocurrencies. But how will Baby Dogecoin continue and thrive in the intense competition of the cryptocurrency market? It wouldn't be Elon Musk if his tweets didn't make a big impact on the market crypto.
Recently, Elon Musk delighted the cryptocurrency market with a new spike in Baby Doge. The value of digital assets has increased dramatically since Elon Musk's one tweet. On July 1, Baby Doge's value jumped 228.3 percent in 24 hours. Baby Doge has been on a bullish path since then and is up 723 percent.
Elon Musk's impact on cryptocurrencies is nothing new, but analysts have wondered about Baby Dogecoin's legitimacy in the long term. Several 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 at US$71 million in 24-hour swaps, while the second version shows over US$3 million.
What sets Baby Dogecoin apart 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 shared among each Baby Dogecoin holder.
Pancakeswap Baby Doge's liquidity was boosted by the last 5% of fees. While Baby Doge is on the rise, another joke cryptocurrency, Dogecoin is down about 11.4 percent over the week compared to Baby Dogecoin's 248 percent surge.
Experts fear 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 is up 7.4 percent, Dogelon Mars (ELON) is up 31 percent and Elon Doge Token (EDOGE) is up 20 percent.
Comparatively, Baby Dogecoin hasn't achieved as high a trading volume as some of the others, but its gains suggest otherwise. Based on estimates, Dogecoin has a trading volume of around US$1.3 billion and Shiba Inu has more than US$400 million.
So stay careful when starting to invest in cryptocurrencies, evaluate everything first before starting to make purchases. Recently, Elon Musk delighted the cryptocurrency market with a new spike for a new cryptocurrency, Baby Doge.