![]() When the market was shaken by the events following the depegging of the TerraUSD stablecoin and the collapse of LUNA, BabyDoge fell to a low of $0.000000000823 on. The token continued to struggle with downward market forces and, by, it was worth about $0.00000000186. On 11 April, the price fell even further, reaching a low of $0.000000002156 and, since then, it has struggled to regain its position. It then went down and was trading at around $0.0000000029 on 8 April. The market and BabyDoge then went up, with the token trading at around $0.0000000028 on 11 March, and reaching $0.000000003625 on 28 March 2022. ![]() The token slowly moved downwards and, following the Russian invasion of Ukraine on 24 February 2022, it fell to $0.0000000026. Following the coin’s listing on Huobi, BabyDoge was trading at around $0.000000004084. There was still some settling down to do, though, and on 19 January 2022 the coin was trading at around $0.0000000057.īy 18 February, there was considerable upward movement. While the start of 2022 was a tough time for many cryptos, BabyDoge defied the critics and continued to grow, hitting a high of $0.000000006356 on 16 January, a rise of more than 230% over the course of the year. However, the token bounced back and closed the year at $0.000000001908. The bears then took over, with a periodic low of $0.000000001314 on 14 December 2021. It was then time for a bit of a bull run, culminating in a periodic high of $0.000000005006 on 30 October 2021. There was then a drop in value followed by a rebound and, as of close of play on 17 September 2021, BabyDoge was worth $0.000000000813. That incredibly small figure – not even 200 billionths of a cent – soon rose 44-fold, so that on 4 July, the coin was worth $0.000000007695, an all-time high. While past performance is no indicator of future results, knowing what has happened in the past can help give us context when it comes to looking at a Baby Doge Coin price prediction.īabyDoge was launched in the summer of 2021, and on 13 June, it was worth $0.000000000176. BabyDoge price history BayDoge price history – Credit: The goal of the protocol is to be a “decentralised meme project with a purpose”, and it claims to be “one of the first meme coins to offer a live decentralised swap directly on our website right after launch”. Baby Doge is created after Dogecoin, with 10x faster block speeds and cheaper gas fees since it’s built on Binance Smart Chain.” The Baby Doge whitepaper was published in June 2021 and aims to: “Bring crypto to the average person while also helping save dogs in need. We should also mention that BabyDoge is not the same thing as BABYDOGE, which is BabyDoge ETH, a dogcoin based on the Ethereum blockchain. This is not uncommon in crypto, however – after all, Bitcoin itself had an anonymous founder. One possible red flag to note about Baby Doge is that its founders are anonymous. Baby Doge also has its own payment card and its own wallet tracker, called Paw Wallet. There is also a reserved 2.2% charity wallet, which is used to make donations to charitable causes. The token can be used to make payments with the online payment company, to let users spend their BabyDoge online. Not only that, the developers say, but it is able to interact with the Ethereum Virtual Machine, meaning it can support applications based on the Ethereum blockchain.Įvery time a transaction is made with BabyDoge, 5% of it is distributed among BabyDoge holders, while a further 5% is added to the system’s liquidity pool, where it is burned, creating a deflationary crypto token.īabyDoge also has some real-world use cases. As the coin’s name suggests, BabyDoge is one such cryptocurrency.īabyDoge operates on the Binance Smart Chain because, as its whitepaper says, it is a sovereign blockchain that offers security. Dogecoin is no exception, with this meme coin inspiring a host of so-called dogcoins, which aim to garner similar success and the same sort of devoted following as DOGE. ![]() ![]() When something is successful, there is a good chance that other people will come along and try to do what it does. This is the coin that was created as a parody of cryptocurrency but ended up gathering investors and attention, and is now seen as one of the more important cryptos. In the beginning, there was Dogecoin (DOGE). So, what is Baby Doge Coin (BabyDoge)? How does BabyDoge work, what is it used for, and what is the latest BabyDoge price prediction? BabyDoge is the latest star of the meme coin market, with devotees hoping it can take them on a trip to the Moon. ![]()
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