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What is BABYDOGE (BABYDOGE)?
Launched in June 2021, Baby Doge Coin is an Ethereum-compatible meme token. Inspired by the leading meme cryptocurrency Dogecoin (DOGE), BABYDOGE aims to rescue dogs and bring crypto adoption to the mainstream using products like crypto credit cards and payments. Like most meme coins, BABYDOGE is primarily driven by social media growth and a passionate community.
BABYDOGE has a total supply of 420 quadrillion tokens and is deflationary in nature. In a tweet from August 2022, BABYDOGE stated that 198 quadrillions or 47 percent of its total supply, have been burned. This was valued at $1.3 million.
Apart from the traditional crypto market, BABYDOGE is making strides to enter the NFT ecosystem and create its NFT collection on Ethereum. The project also plans to introduce the Baby Doge Crypto Card to enable buying, sending, and exchanging crypto to fiat using a mobile application.
BABYDOGE FAQ
- Cryptocurrencies, such as BABYDOGE, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BABYDOGE have been created as well.
- Check out our BABYDOGE price prediction page to forecast future prices and determine your price targets.