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- BABYDOGE looks to be following the trend, increasing as much as 99 percent.
- The community of the meme-inspired cryptocurrency BabyDoge ($BABYDOGE) has been working to have the token listed on Binance.
Supporters of BabyDoge ($BABYDOGE) have been launching campaigns to have the token listed on Binance, a leading cryptocurrency exchange. Through a campaign that the platform launched they were urged to express wishes in the hopes of having some of them come true.
In response to the campaign, the BABYDOGE community swiftly began requesting that the currency be listed on the exchange, which already hosts numerous competitor meme coins, including Dogecoin ($DOGE) and Shiba Inu ($SHIB).
According to Bloomberg, although most meme coins have lost value in recent months, BABYDOGE looks to be following the trend, increasing as much as 99 percent year to date to presently trading at $0.0000000038, roughly twice what it was selling for at the start of the year.
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BabyDoge, a better version of Doge?
SHIB and other meme coins were published on the Ethereum network, while BABYDOGE was issued on the Binance Smart Chain network.
According to CryptoGlobe, the number of wallet addresses holding BabyDoge just exceeded those holding Shiba Inu.
BabyDoge has lately become the most traded token among Binance Smart Chain whales, even surpassing a tokenized version of Ethereum’s ether.
The meme-inspired cryptocurrency was created as a hyper-deflationary token with the goal of becoming a “better” version of Dogecoin while supporting its objective of dog rescue. Each BABYDOGE transaction is subject to a 10% tax, 5% of which is given to token holders and 5% is assigned to a liquidity pool.
New Rumor or reality?
Baby DogeCoin, a popular meme coin, has begun the new year with new speculations. Binance’s announcement regarding Baby DogeCoin has sparked a new round of whispers about a possible Binance listing in the meme coin community.
Binance activated the pricing live data page for Baby DogeCoin on the world’s largest crypto exchange a few hours after the year 2022 arrived. The fact that the page includes a disclaimer indicating that the coin “is not listed on Binance for trading and service” did little to temper the Baby Doge community’s enthusiasm.
The meme-inspired cryptocurrency was designed as a hyper-deflationary token with the purpose of becoming a “better” version of Dogecoin while supporting its dog rescue mission.
