World Crypto Global
- Written by: Sarala
- Sat, 17 Jun 2023
- United Arab Emirates
Significant things are happening in the meme coin realm and cryptocurrency market while the industry faces major challenges from regulators.
Baby Doge Coin Gains Momentum, Defying Regulatory Challenges
- Baby Doge Coin price surged over 6% in the last 24 hours.
- BabyDoge trending on Twitter with over 1.3m tweets.
Significant things are happening in the meme coin realm and cryptocurrency market while the industry faces major challenges from regulators. A popular meme token, Baby Doge Coin (BabyDoge), is trending over “Crypto Twitter” with a notable price rally.
BabyDoge was inspired by its renowned counterpart, Dogecoin, which witnessed a remarkable 6% price surge today. This surge comes as the latest development in a series of positive trends that have propelled the token to new heights in recent weeks.
At the time of writing, BabyDoge price had climbed about 5% to $0.000000001439 with a 24-hour trading volume of over $3 million, which soared about 26.5%. Baby Doge Coin surged by 6.5% in a week and has a market cap of over $217 million. In addition, the meme token RSI indicates that BABYDOGE is in an extremely overbought stage, which means it may have a correction in its price.
Further, BABYDOGE recently made headlines with a “historic burn of 206 quadrillion tokens” valued at around 294 million. Despite the burn, there is still a sizable supply of 152 quadrillion BabyDoge tokens in use.
The rise of BabyDoge resulted in its emergence as a prominent player in this flourishing landscape. Moreover, social media platforms have played a pivotal role in catapulting Baby Doge Coin’s popularity. Also, the recent surge in price reflects the community’s optimism and confidence in Baby Doge Coin’s long-term prospects.
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