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What is Baby Doge Coin (BabyDoge)?
Baby Doge Coin basic info
What Is Baby Doge Coin (BabyDoge)?
Baby Doge, a new cryptocurrency created by fans of the Doge Meme online community, is taking the world by storm. With improved transaction speeds and adorableness, Baby Doge seeks to impress his father Doge. Baby Doge is hyper-deflationary with static reflection, which rewards holders. With each transaction, more Baby Doge coins are automatically added to your wallet. Simply love, pet, and hold as 5% of each transaction is automatically redistributed to Baby Doge holders. Despite being created as a joke, Baby Doge has a mission to help spread awareness of animal adoption.
Launched in June 2021, Baby Doge has an ambitious roadmap that includes further efforts for pet charity, NFT creation, GameFi, and more.
Baby Doge has its own Swap at BabyDogeSwap.com, where it has its own AMM, core farms, farming as a service, free token locker, burn portal, and more!
Who Are the Founders of BabyDoge?
Like many other meme-based cryptocurrencies, the identity of the creators and main team behind BabyDoge remains unknown. However, they utilized the Binance Smart Chain to create an ecosystem that is still compatible with Ethereum. Since its launch in June of this year, BabyDoge has gained an impressive following of over 1.3 million token holders, 200,000+ Telegram members, 880,000+ Twitter followers, and 245,000+ Instagram followers.
What Makes BabyDoge Unique?
The Baby Doge Protocol has garnered a lot of attention due to its deflationary nature. Holders of Baby Doge can earn more coins simply by holding them in their wallet. The amount of Baby Doge coins in your wallet increases with each transaction as holders receive a 5% fee from every transaction that occurs on the Baby Doge ecosystem. Additionally, the community receives more Baby Doge coins generated from the fees of each transaction.
Moreover, BabyDoge has real-world applications, which is not typical of many meme-based cryptocurrencies. It has a BabyDoge card and mobile app, and partnerships with Coinpayments to integrate Baby Doge with top e-commerce platforms like WooCommerce, Shopify, and Magento. BabyDoge is also involved in charity donations with animal rescue and shelters such as Paws with Cause, Furkids, Best Friends, ASPCA, and the Humane Society.
How Is the Baby Doge Coin Network Secured?
Baby Doge operates on the Binance Smart Chain and utilizes a Proof of Staked Authority consensus that relies on 21 validators to ensure decentralization and encourage community participation. It's worth noting that Baby Doge is a token that is built on the Binance Smart Chain.
Baby Doge Coin (BabyDoge) Price Prediction
It's expected that BabyDoge will continue to cement its position as a top cryptocurrency in the industry, with some anticipating that its value could climb to $0.0000000165 by 2025. As more people and businesses adopt Baby Doge Coin for their transactions, its rarity and usefulness can aid in its growth. Additionally, the inclusion of Baby Doge Coin in traditional financial systems and investment portfolios can also play a role in driving up its value. With more investors seeking out cryptocurrencies for the potential of high returns and diversification, demand for Baby Doge Coin is likely to increase substantially.
BabyDoge supply and tokenomics
Uniqueness
Baby Doge Protocol is cute but with a lot of BITE! $Baby Doge is a deflationary token designed to become more scarce over time. Holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet. The amount of baby doge coins in your wallet increase from each transaction as baby doge coin holders automatically receive a 5% fee from every transaction that happens on the Baby Doge ecosystem. The community receives more baby doge coins from the fees generated each transaction.
BabyDoge also has real world utility in its pipeline, which is something uncommon in many meme cryptocurrencies. It features a BabyDoge card and mobile application, partnerships with Coinpayments to integrate baby doge with top e-commerce platforms like WooCommerce, Shopify and Magento, and charity donations with animal rescue and shelters like Paws with Cause, Furkids, Best Friends, ASPCA, Humane Society.
Token utility
The project positions itself as a “fun meme with a serious mission to rescue dogs in need”.
The project features the Baby Doge Card Pay function, which allows the use of credit card for crypto payments directly on their websites. Baby Doge also hosts an NFT marketplace where users can buy or auction their own NFTs.
Baby Doge also actively engage in charity programs to help dogs in the real world.
Links
What is the development prospect and future value of BabyDoge?
The market value of BabyDoge currently stands at $376.40M, and its market ranking is #166. The value of BabyDoge is widely recognized by the market. When the bull market comes, the market value of BabyDoge will likely continue to increase.
Moreover, if BabyDoge can play a greater role in practical applications, such as Baby Doge Coin builders fully leveraging the potential of BabyDoge, partnering with more businesses, and increasing its user base, the long-term value of BabyDoge will be significantly enhanced.