Crypto News

Baby Doge Coin Burns Over 4 Trillion in the Last 24 Hours

Baby Doge Coin Burns Over 4 Trillion in the Last 24 Hours

  • Over 204 quadrillion BABYDOGE were burned from the total supply. 
  • The memecoin price soared over 2.5% in a day.

The Everyday Baby Doge Coin trend is growing with its recent updates and utilities. As the Baby Doge has always been the ‘talk of the town’ due to the massive numbers of burn tokens. In the last 24 hours, the BABYDOGE burn portal processed 4,399,094,168,320.30, which is worth over $10,619; in that, 120 billion Baby Doge Coin were burned in just an hour.

In addition, the dog-themed memecoin was spotted as the favorite cryptocurrency for many. Over 204 quadrillion (204,922,132,541,167,936), or 48.79%, of Baby Doge tokens have been burned since the burn portal launched on February 13, 2023. BABYDOGE tokens’ total supply is 420 quadrillion (420,000,000,000,000,000), so now there are only 204 quadrillion Baby Doge Coin left in the crypto market. 

Burn Status (Source: CryptEye)

BABYDOGE Stays Neutral 

According to CoinGecko, at the time of writing, BABYDOGE traded at $0.000000002401 with a 24-hour trading volume of $6.5 million and a market cap of $276 million. Elon Musk’s favorite coin surged over 2.5% in the last 24 hours and is up 2.3% over Bitcoin (BTC) and 2.9% over Ethereum. But it’s down around 7% in a week. 

Baby Doge Coin (BABYDOGE) Price Chart (Source: CoinGecko)

However, the Baby Doge community’s efforts and support brought new highlights to the token. At the time, the infant doge ecosystem has 1.8 million followers on the social media site Twitter. Further, the team works with cryptocurrency and exchange companies to organize frequent giveaways and rewards to encourage followers.

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Read more: https://thenewscrypto.com/baby-doge-coin-burns-over-4-trillion-in-the-last-24-hours/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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