Baby doge coin: Price Prediction
Baby Doge coin: Elon Musk brings new cryptocurrency Baby Doge to spotlight and its price doubles after one tweet.
In this post you will be enlightened about the New Coin called Baby Doge.
Do you think the baby doge coin will be worth investing?
# Elon Musk has tweeted about Baby Doge coin.
# Baby Doge is a spinoff of Dogecoin.
# Baby Doge price has doubled since Musk’s tweet.
You thought Dogecoin was a joke? Now, we have Baby Doge another meme cryptocurrency that has been brought under the spotlight by the Dogefather Elon Musk. The Tesla chief on Thursday tweeted about Dogecoin spinoff Baby Doge and the cryptocurrency’s value has almost doubled since then. Musk used the lyrics of viral Baby Shark song from last year and used it to refer to Baby Doge.
“Baby Doge, doo, doo, doo, doo, doo,” he tweeted, as a reference to the well-known kids’ song “Baby Shark.” The hashtag #babydoge trended on the site following the tweet. Baby Doge price rose by nearly 98 per cent following Musk’s tweet, even though he was bashed by a lot of crypto enthusiasts for the tweet.
A meme currency based on an already existing meme coin may not be the best investment option. It is likely to remain highly volatile and there is a chance that no one might be working on it.
“Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with an integrated smart staking system built in so more baby doge are being added to your wallet. Simply Love, pet, and watch your baby doge grow,” a description on CoinMarketCap reads.
Elon Musk has been a huge believer in cryptocurrencies. He has helped push the crypto market with his tweets about Bitcoin and Dogecoin. Both the coins were on an upward trajectory for the first half of 2021. These cryptocurrencies gave massive returns before multiple dips.
There have been instances when Musk’s tweets have also led to a dip in the value of various cryptocurrencies. His announcement on Tesla’s decision to not accept Bitcoin as payments, wasn’t received well and eventually led to a market dip in mid-May.
Dogecoin itself has been on a decline in the recent times and has been a concern for the investors. The meme cryptocurrency was created by software engineer Billy Markus and Jackson Palmer in 2013.A
The Birth of Baby Doge!
Community Coin/ Baby Doge Token
Baby Doge Coin has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans & members of the Doge Coin online community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with an integrated smart staking system built in to reward you, so more baby doge coins are being automatically added to your wallet each transaction. Simply Love, pet, and watch your baby doge grow.
*SET SLIPPAGE 12%*
Baby Doge! Grows In your Wallet.
Baby Doge is cute but with a lot of BITE! $Baby Doge is a deflationary coin designed to become more scarce over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply by holding Baby Doge coins in your wallet. Watch the amount of baby doge grow in your wallet as all holders automatically receive a 5% fee from every transaction that happens on the Baby Doge network. The community receives more baby doge coins from the fees generated each transaction.
At the time of writing the market cap of Baby Doge is $0.2 billion which is only found a few months ago. As a joke, Dogecoin was created but now #babydoge goes on viral day by day on Twitter.
Baby Dogecoin Price Prediction 2021: Will Baby Dogecoin go to the moon, worth investing?
The baby dogecoin price prediction is neraly $2.50 billion. Dogecoin price going up by more than 20 percent.
Baby Doge Daily Performance
Today’s Baby Doge price is $0.000000000122, which is up 7% over the last 24 hours. Baby Doge’s market cap is unknown. 24 hour BABYDOGE volume is $3,516. It has a market cap rank of 5372. Baby Doge is traded on 2 exchanges, with the top exchanges being PancakeSwap V1 ($3,474) and PancakeSwap V2 ($0). Baby Doge had an all-time high of $0.000000000242 3 months ago. Over the last day, Baby Doge has had 100% transparent volume and has been trading on 2 active markets with its highest volume trading pairs being BNB ($3,474) and SAFEMOON ($0).
BABYDOGE Data Highlights
Baby Doge Price (24hr)$0.0000000001227.15%
Market Cap Submit Info
Trading Volume (24hr)$3,51665.89%
Transparent Vol. (24hr)
Circulating Supply Unknown
7D Price Prediction N/A
Baby Doge Statistics
Date of ATH4/17/2021
Days Since ATH78
% of ATH50.41%
Price vs ATH
PancakeSwap V1 – 99%
Transparent Volume (Δ)
A – 100%
7 Things to Know Before You Buy Baby Doge Coin
From how you can purchase it to whether you should, here’s everything prospective buyers need to know about Baby Doge Coin.
Things move quickly in the world of cryptocurrency. It wasn’t long ago that Dogecoin was the hottest crypto of 2021. Now, it’s practically old news, and there’s a Baby Doge Coin getting loads of hype.
Baby Doge Coin had big initial success, as its price rose by over 1,000% in about two weeks. But by the next day, it had lost nearly half that value.
Since Baby Doge Coin is so new and is getting quite a bit of attention, this might seem like the right time to buy. But before you do, there’s a lot you should know about it.
1. Baby Doge Coin is only a few weeks old
True to the name, this crypto is still a baby right now. It was created on June 1, 2021. The earliest price on record wasn’t until June 9, when it cost $0.000000000175. That quickly shot up thanks to social media and influencer marketing, but then it came back down.
Buying such a young cryptocurrency is a risky proposition. Baby Doge Coin doesn’t have much of a track record, and the reality is that most cryptocurrencies don’t make it.
2. It started with 420 quadrillion tokens
Baby Doge Coin’s total supply was 420 quadrillion tokens, and the team behind it has manually burned (destroyed) over 125 quadrillion so far. Manual burns mean that the Baby Doge Coin team has full control of when and how many tokens get burned.
Large numbers of coins priced at a fraction of a cent are common with new cryptocurrencies. Baby Doge Coin is an extreme example, though.
3. Every transaction has a 10% fee
On every Baby Doge Coin transaction, the seller pays 10%. Here’s where that goes:
5% is redistributed to everyone who currently holds Baby Doge Coin.
5% is split 50/50, with half remaining as Baby Doge Coin and the other half being traded for Binance Coin. These are used for a liquidity pool so people can trade those two coins for each other.
The 10% fee is an incentive to hold on to Baby Doge Coin. If you sell yours, you get charged 10%. If you keep it, you get rewarded with a portion of the fee anytime someone else sells. Baby Doge Coin didn’t invent this idea. Safemoon, which launched in March, has the same type of fee.
4. Part of its mission is rescuing dogs
One of the goals listed in Baby Doge Coin’s whitepaper is rescuing dogs in need. It also says that the team has a charity wallet with 2.2% of the total supply of Baby Doge Coin. Since 5% of the transaction fee with this crypto is redistributed to existing holders, the charity wallet receives 2.2% of that.
The charity wallet is used to support Baby Doge Coin’s charity partners. On June 24, the crypto’s Twitter account announced a $75,000 donation to PawsWithCause, a nonprofit that uses community paint days to bring more attention to animals in local shelters.
5. It’s available on PancakeSwap — but not any major crypto exchanges
For anyone who wants to get Baby Doge Coin, PancakeSwap is the recommended platform. PancakeSwap is one of the bigger decentralized exchanges (sites where users contribute and trade crypto).
To use PancakeSwap, you need to connect a crypto wallet. Then you can trade another crypto, such as Binance Coin, for Baby Doge Coin. There’s a bit of a learning curve, but it’s not too hard once you get the hang of it.
It’s worth noting that Baby Doge Coin isn’t listed on any of the best cryptocurrency exchanges, however. Getting listed is a longshot, given that this is a memecoin with a low trading volume.
6. The roadmap includes several unique goals
Baby Doge Coin has a six-phase roadmap. The first few phases are normal enough, with goals such as reaching 25,000 holders and completing a website redesign.
The final phase is where things get much more ambitious. It includes the community carving a Baby Doge into a mountain at a $100 billion market cap and the creation of a Baby Doge religion at a $500 billion market cap.
Only a handful of cryptocurrencies have ever passed a $100 billion market cap, and only Bitcoin has passed $500 billion. Odds are that we won’t ever see Mount Baby Doge or the church of the Baby Doge.
7. Buying it is a gamble, and there’s a high chance of losing money
Baby Doge Coin started strong, but it’s hard to see any value in it as a long-term investment. Memecoins like this one — with no notable future plans or advantages over the competition — are a dime a dozen.
They rely on marketing to build hype and push up the price. The team behind them and the earliest investors make money, while everyone who gets in too late loses.
Anything can happen with crypto. There’s always the slim chance that Baby Doge Coin has another hot streak and shatters its all-time high. But it’s more likely that people forget about it and move on to the next memecoin with a funny name.