BabyDoge Crosses 200K on Telegram Followed by 5 Quadrillion Coin Burn - TheNewsCrypto

• About 1.1 million people are now BabyDoge holders.
• The price instantly increased as a consequence of the burning.

Baby Doge holders got a 5 Quadrillion Coin Burn as a New Year’s present. This Binance Chain project’s rapid development has been a joy to observe. Shiba Inu coin gets most of the limelight when it comes to meme coins, but Baby Doge is deserving of much more due to its rapidly growing user base. Approximately $11.50 million worth of Baby Doge Coins were sent to a burn wallet on January 2nd, according to a confirmation from the team behind Baby Doge Coin. Additionally, the group provided a “Proof of burn” in the form of a link.

About 1.1 million people are now BabyDoge holders. It’s a massive undertaking, particularly considering that its market value is close to $1 billion. The team chose to execute a 5 Quadrillion coin burn to commemorate the company’s seven-month anniversary and the company’s phenomenal growth. The price instantly increased as a consequence of the burning.

Announcement Channel

In addition to this major development, the team has announced that they have achieved a cap of 200K for its verified Telegram channel. It was observed that the only option to get above 200K was to make it into an announcement channel, according to the team. It’s mind-boggling when a new cryptocurrency grows so quickly and has so much community support.

Although the large supply might make it difficult for BabyDoge to attract the attention of institutional investors or so-called “Whales.” According to CoinMarketCap, the Baby Doge Coin price today is $2.85e-9 USD with a 24-hour trading volume of $13,684,832 USD. BabyDoge has been up 2.43% in the last 24 hours.