cryptoknowmics.com
The developers behind Baby Doge, a Dogecoin clone running on the BNB Chain, declared that the debut of its swap protocol would occur in a week. In late July, the Baby Doge crew started looking for BSC projects to work on together. It stated that it was the first swap to enable the free exchange of tokens. The protocol will also have elements like staking and farming. https://twitter.com/BabyDogeCoin/status/1557154006748758017
Baby Doge Metaverse Preview "Wearable"
Early in June, the Baby Doge released a brand-new metaverse preview named "Wearable." According to the information given by CoinMarketCap, Baby Doge is presently ranked 230th and is not among the top 200 most valuable cryptocurrencies. The cryptocurrency's official Twitter account anticipated a big announcement, probably contributing to the most recent price increase.
Dogecoin Gaining Popularity
Notably, the doggie meme coin is gaining support and hopes to overtake the second-place finisher in the race in less than a year. In April, the meme coin overtook leaders Dogecoin and Shiba Inu to rank third among dog-related meme coins. More than twice as many people own Baby Doge as Dogecoin, making it the cryptocurrency with the most significant number of holders among the three. Aside from the growing utility, users are still drawn to the meme coin because of its consistent token burning, which contributes to its deflationary character. Notably, Baby Doge destroyed 50 quadrillion coins in July, totaling over $88 million, making it the biggest burn event in the history of cryptocurrency.