Main navigation

Baby Doge Coin (BabyDoge) Jumps 23% as Expectations Soar on New Release

Advertisement
Mon, 13/02/2023 - 10:28
Baby Doge Coin (BabyDoge) Jumps 23% as Expectations Soar on New Release
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

The price of BabyDoge responded with a massive jump in the last 24 hours following a major announcement from the BabyDoge team on its burn portal, scheduled to go live on Monday, Feb. 13.

Advertisement

The team confirmed the upcoming release of the burn portal and stated it will burn five tokens for each token burned through the community burn portal until April 1.

Related

As reported earlier, the burn portal aims to put burning power in the hands of the community. Also, it would give users lower fees to purchase BabyDoge. Then, one major aim is to reduce the supply of BabyDoge.

Baby Doge Coin burning is growing at a progressive rate, so the burn portal might contribute positively when launched.

A total of 3,729,100,847,991 BABYDOGE tokens worth $16,300 have been burned from the total supply in the last hour, according to the Baby Doge Coin tracker, Burn BabyDoge.

BabyDoge price reacts

The price of Baby Doge Coin responded positively to the announcement of the burn portal, as it jumped to a high of $0.00000000457 on Feb. 12.

Baby Doge Coin resolved a bullish pennant on Feb. 12, which escalated its price. The appearance of a golden cross on its daily chart also adds to its positive technicals.

Related

The current price of one BABYDOGE coin is $0.000000004293, a positive 23% change in the last 24 hours. The token is up 47% in the week.

According to WhaleStats, BabyDoge ranks as the top-purchased token for the 500 biggest BNB whales it tracks. However, the general market trend might be watched for confirmation of the continuation of Baby Doge Coin's massive rally.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD