Baby Doge Coin (BABYDOGE) price, chart, coin profile and news
Find the latest Baby Doge Coin (BABYDOGE) price, coin profile, news and history to get you started with Baby Doge Coin trading and investing.
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What is Baby Doge Coin?
Baby Doge Coin, or BABYDOGE, is a cryptocurrency created by fans of Doge - the meme based on the famous Shiba Inu, nicknamed Doge - and Dogecoin, the cryptocurrency that was initially created as a joke but subsequently became a community favourite. Although the foundation of BABYDOGE is based on Dogecoin, the cryptocurrency plans to offer users a greater level of functionality. As per the official website, Baby Doge Coin boasts of delivering “improved transaction speeds & adorableness” when compared to its “father” - Dogecoin. The coin was designed with deflationary characteristics and offers an integrated smart staking system devised to deliver lucrative incentives to token holders.
Like Dogecoin, Baby Doge Coin, thrives off community following. To help boost community adoption Baby Doge Coin developers have implemented a set of deflationary characteristics. Unlike Dogecoin which can be minted indefinitely - a feature that can potentially lead to inflation - BABYDOGE implements a fixed supply model similar to Bitcoin and Cardano. In addition, the protocol has implemented value-creating features known as Auto Burn and Auto-reflections. Auto-reflections is a feature that allows all token holders to enjoy a share of transaction fees collected within the Baby Doge ecosystem. 5% is collected from each transaction and transferred to all wallets holding BABYDOGE. Meanwhile, Auto Burn takes 41% from each transaction fee and sends it to a burning wallet, thus removing BABYDOGE from the circulating supply. These deflationary features coupled with a capped maximum supply means that, with time, the continual deflationary pressure on the coin may create more value for BABYDOGE holders. The developers of the Baby Doge Coin ecosystem have also created a Charity Wallet and Baby Doge Crypto Card. The platform’s Charity Wallet can be used to receive allocations of BABYDOGE that can then be sent to charity partners and the Baby Doge Crypto Card allows users to spend cryptocurrencies via retail outlets.
Baby Doge Coin (BABYDOGE) is the 221st largest cryptocurrency in the world by market cap, valued at $151,717,617. The current price of Baby Doge Coin is $1.35693701E-9, which is -2.884% lower than yesterday. Prices have ranged between $1.41947949E-9 and $1.31066936E-9 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 18, 2022 09:05 UTC.
Baby Doge Coin (BABYDOGE) priceUse our graph to track the performance of (BABYDOGE) over time.
Baby Doge Coin at a glance
|Total BABYDOGE supply||420,000,000,000,000,000|
|All time high date||January 16, 2022|
Baby Doge Coin price performance over time
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Disclaimer: Cryptocurrencies, including Baby Doge Coin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BABYDOGE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Baby Doge Coin or any other cryptocurrency discussed.
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