What is Baby Doge Coin (BABYDOGE)? Detailed information about 1 of 3 Memecoins just listed on Binance

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Baby Doge Coin (BABYDOGE) is one of the 3 Token that have just been listed on Binance, causing a stir in the community. As a low- Capital Meme project, the listing of Baby Doge Coin along with 2 other meme projects has made the trading market on Binance more exciting than ever. Why, what does this project have that it is listed on Binance? Join Allinstation to learn about the Baby Doge Coin project - 1MBABYDOGE through the following article.

Read More: Binance Announces Listing of Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (1MBABYDOGE)

What is Baby Doge Coin (BABYDOGE)?

Giao diện website dự án Baby Doge Coin
Baby Doge Coin project website interface – Link

Baby Doge Coin (BABYDOGE) is a Meme token created by enthusiasts from the Dogecoin community, aiming to capitalize on the strong influence of its predecessor. However, the similarities between the two projects almost stop at using the image of a dog as a symbol.

Baby Doge Coin is a BEP-20 Token , developed on the Binance Smart Chain platform, bringing many advantages such as higher performance and faster processing speed, helping to reduce transaction costs and complete within 5 seconds.

In addition, Baby Doge Coin also integrates a smart Staking system, automatically rewarding holders (HODLers) by increasing their BABYDOGE balance after each successful transaction. Details of this system will be presented in the Tokenomics section.

While Baby Doge Coin doesn’t have many practical applications, its appeal lies in its charitable purpose. According to its whitepaper, Baby Doge Coin aims to support dog rescue organizations while also helping make cryptocurrency more accessible to everyone.

The original Token BABYDOGE was changed to 1MBABYDOGE upon listing on Binance.

What products does Baby Doge Coin (BABYDOGE) have?

Baby Doge Coin was originally created with the goal of encouraging the adoption of abandoned animals. Later, the project expanded and developed into a decentralized exchange (DEX) with many outstanding features as follows:

  • Swap: Users can easily exchange cryptocurrencies such as BNB, ETH, USDT and BABYDOGE. Most of the supported coins are meme coins.
  • Burn Token : This feature allows burning BABYDOGE to reduce supply, helping to increase the value of the coin. Users who participate in burning Token also receive a discount on transaction fees when using the Swap feature, and this discount depends on the amount of Token burned.
  • Providing Liquidation : Users can add liquidation to trading pairs and receive rewards from trading fees on the platform.
  • Earn: A feature that allows users to Stake crypto pairs in pools with an APR ranging from 4% to 300%, depending on the pool and Stake period.
  • AI Non-Fungible Token Creator: This tool helps users create images based on descriptions using AI technology. In addition, the tool also supports creating 3D images.
  • Non-Fungible Token Marketplace : Users can create, buy, and sell Non Fungible Tokens generated by AI tools. To list an Non-Fungible Token, users need to register their collection and get accepted by the project.
  • Buy and sell directly with fiat currency: Baby Doge Coin also supports buying and selling BABYDOGE with fiat currency through methods such as bank transfer, Momo, ApplePay and other payment methods.
Những sản phẩm, tính năng đa dạng trên Baby Doge
Diverse products and features on Baby Doge

Thanks to the above features, Baby Doge Coin has built a diverse and attractive ecosystem, bringing many benefits to users when participating in the project.

Baby Doge Coin (BABYDOGE) Highlights

Baby Doge Coin (BABYDOGE) stands out in the meme coin market thanks to the special attention from the community and the support of famous figures such as Elon Musk. Soon after Elon Musk mentioned Baby Doge Coin on his X (Twitter) page in 2021, the price of this Token skyrocketed, attracting strong interest from investors and creating a FOMO effect in the community.

Baby Doge Coin is not just a regular meme coin, but also takes advantage of the Binance Smart Chain platform to bring high performance with low transaction costs and processing speed in just 5 seconds. The Baby Doge Coin ecosystem also stands out with the Burn Portal feature, which reduces circulating supply and provides fee discounts for users who participate in Token . In addition, the smart Staking system that automatically increases the BABYDOGE balance after each transaction is also a big attraction.

The combination of Elon Musk's viral ability and the news of the project being listed on Binance has brought the project more attention than ever.

Basic Information About Baby Doge Coin (BABYDOGE)

  • Token Name : BABYDOGE
  • Ticker: BABYDOGE
  • Blockchain: BNB Chain, Ethereum
  • Token Standard: ERC-20
  • Contract Address:
    • BNB Chain: 0xc748673057861a797275cd8a068abb95a902e8de
    • Ethereum: 0xAC57De9C1A09FeC648E93EB98875B212DB0d460B
  • Token Type: Memecoin
  • Total Supply: 203,650,777,511,000,000 BABYDOGE
  • Circulating Supply: 151,386,424,344,865,021 BABYDOGE

Token Allocation

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Token payment schedule

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Token utility

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Baby Doge Coin (BABYDOGE) ICO Token Sale Information

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How to Earn and Own Baby Doge Coin (BABYDOGE) Token

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Baby Doge Coin (BABYDOGE) Token Wallet & Exchange

BABYDOGE Wallet

BABYDOGE can be stored on popular BEP20-supported wallets like Trust or directly on exchanges. If you own a lot of BABYDOGE Token and want a secure storage solution, you can refer to Cold Storage products (Ledger, Trezor).

BABYDOGE Exchange

BABYDOGE can now be purchased on Binance, Bitget,… or swapped directly on DEX exchanges.
Refer to the exchanges that are partners of HC Capital:

Roadmap

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Baby Doge Coin (BABYDOGE) Team

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Baby Doge Coin (BABYDOGE) Investors and Partners

Baby Doge Coin đoi tac

Baby Doge Coin has several notable partnerships in the cryptocurrency and charity space. One of its key partners is Binance, one of the world’s largest cryptocurrency exchanges. Baby Doge Coin also partners with Paws With Cause, a non-profit organization that helps dogs in shelters.

Additionally, Baby Doge Coin is also listed on PancakeSwap, a popular decentralized exchange on Binance Smart Chain, and Gate.io, a global cryptocurrency exchange. OKX is another cryptocurrency exchange that supports Baby Doge Coin trading. Cryptocurrency wallets such as Trust Wallet and MetaMask also support Baby Doge Coin, making it easy for users to store and manage their assets.

Baby Doge Coin (BABYDOGE) Review

Despite the attention Baby Doge Coin (BABYDOGE) has received from media campaigns and celebrities like Elon Musk, BABYDOGE lacks practical applications and has no clear competitive advantages. The project relies heavily on creating hype (FOMO) through PR and popularity, rather than developing breakthrough technological solutions.

BABYDOGE's roadmap is also controversial, focusing on recreational activities rather than serious investment. While its large supply and deflationary potential can be XEM as advantages, with a cap of 420 quadrillion Token, BABYDOGE does not offer true scarcity like Bitcoin.

Given the unpredictable nature of the cryptocurrency market, BABYDOGE can see a sharp increase in value due to unexpected factors such as hype or a major exchange listing. However, this is not a serious long-term investment. If XEM BABYDOGE as a hobby and invest only a small amount, you can take advantage of the rapid growth opportunity, but always be aware of the potential risks.

Frequently Asked Questions about Baby Doge Coin (BABYDOGE)

How does Baby Doge Coin (BABYDOGE) distribute Token to the market?

The Baby Doge Coin team did not specifically disclose this information in the project documentation, however, the project announced that the Token will be fully distributed to the community, and a portion of the revenue Token will be continuously burned by the project to reduce inflation.

What are the future plans for the project?

The project has no concrete plans yet, but they keep reporting on rather silly plans like:

  • Give A Tesla Away As Baby Doge Coin Hits $250 Million Market Capital
  • When Baby Doge hits a $100 billion market Capital , carve Baby Doge 's name on a mountain.
  • Create a Baby Doge Religion if Market Capital Hits $500 Billion

Where can I follow the Baby Doge Coin (BABYDOGE) project?

You can learn more about the project at:

Summary

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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