- Baby DogeCoin’s price has surged by 23.87% following its Binance listing.
- The coin’s total burn rate stands at 51.512%, with significant recent burns aimed at increasing scarcity.
Binance has expanded its offerings by listing Baby Doge Coin (BabyDoge) alongside Neiro and Turbo. This new listing has sparked significant interest, leading to an immediate price surge of 1MBABYDOGE. In a strategic move to boost its value further, Baby Doge Coin has announced that it will be conducting manual token burns throughout the week.
The decision to burn tokens comes as part of Baby Doge Coin’s broader strategy to enhance its market presence and attract more investors. Following the Binance listing and the announcement of token burns, 1MBABYDOGE has seen a notable pump in its price, reflecting heightened investor enthusiasm.
The Baby Doge Coin (BabyDoge) ecosystem has seen significant activity recently. The total burn rate stands at 51.512%, with the current burn rank at 14. The total amount burned so far is 216,349,328,772,251,424 tokens. In the past hour, no tokens have been burned, while the last day saw a burn of 102,365,518,498.64 tokens (~$194.80). Over the past week, 186,756,078,931.96 tokens (~$355.40) were burned. The total supply of Baby Doge Coin is 42 quadrillion tokens.
Baby Doge Coin Surges After Binance Listing
At press time, the 1MBABYDOGE is trading at $0.00192, reflecting a 23.87% increase according to CMC. The 24-hour trading volume is $112 million, with a market cap of $281 million, up by 39.36%.
In the moving average (MA) cross data for the 9-day and 21-day periods, the sell signals are slightly higher than the buy signals. The 9-day MA value is 0.000000001217, while the 21-day MA value is 0.000000001330. The support level is at 0.000000000824, recorded on August 5th, and the resistance level is at 0.000000001950. Following its listing on Binance, the cryptocurrency is experiencing bullish momentum, indicating a positive market trend.
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