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BabyDoge To Launch Decentralized Exchange (DEX) With Burn Feature

source-logo  thecryptobasic.com 16 April 2022 10:04, UTC
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Baby DogeCoin officially declared the plan to launch “$BabyDoge Swap,” its decentralized exchange (DEX).


Following the footprints of the most popular dog-themed cryptocurrency and its rival Shiba Inu ($SHIB), Baby DogeCoin declared the plan to launch its own decentralized exchange (DEX) named “$BabyDoge Swap” via tweet soon after its $NFT launch scheduled on 20th April 2022, at 4:20 pm EST.

As per the tweet, the Swap will have some unique features like increasing utility and burning of the token. However, further official details about the $BabyDoge Swap and its special features are yet to be revealed.

Baby DogeCoin has also shared a 58-seconds demo video. The demo video comprises a glimpse of what $BabyDoge Swap looks like and how it will work.

The Dex will require no registration and users would be able to trade hassle-free by connecting wallets to Binance smart chain.

After NFTs we will be dropping #BabyDogeSwap it has unique features we will be announcing shortly that support the use and increase burn of #BabyDogeCoin 👀 pic.twitter.com/3iAtS7TsPp

— @BabyDogeNFTs mint 4/20 (@BabyDogeCoin) April 11, 2022

This demo video gives the community a strong indication that $BabyDoge Swap is 100% ready and will be soon released following the public $NFT mint.

Following Dogecoin and $SHIB, Baby DogeCoin ($BabyDoge) is the third most followed canine-themed meme cryptocurrency on Twitter, with 1.1 million followers.

The token also reached a major milestone of 1.50 Million holders. This milestone makes $BabyDoge, the favorite token for retail investors compared to $DOGE and $SHIB. As per BscScan.com data, 619,670 unique wallet addresses are holding $DOGE, while the holder count for Shiba Inu currently stands at 1,127,347 (1.12 Million), as per Etherscan.io data.

The coin has a circulating supply of 160 Quadrillion and a total supply of 420 Quadrillion.

Moreover, since the start of the year 2022, $BabyDoge has burned a whopping total of 17 quadrillion tokens worth over $54.3 million by sending them to the dead wallet.

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