The live price of Baby Doge Coin is - per (BabyDoge / USD) with a current market cap of $274.15M USD. 24-hour trading volume is - USD. BabyDoge to USD price is updated in real-time. Baby Doge Coin is -% in the last 24 hours with a circulating supply of 164,504,417.05B.
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BABYDOGE is a cryptocurrency created based on the hugely successful Dogecoin (DOGE). As one of the most popular Dogecoin-inspired cryptocurrencies, BABYDOGE shares Dogecoin's highly volatile nature and aims to provide users with a fun and lighthearted experience.
Created by the Dogecoin community, BABYDOGE includes several elements that distinguish it from Dogecoin. While BABYDOGE does not have any real use cases or applications beyond serving as a means of value transfer and storage, it offers some more complex features compared to Dogecoin.
Baby Doge adopts a deflationary mechanism, meaning it becomes increasingly scarce over time. Unlike traditional deflationary methods such as token burning, Baby Doge implements a 10% transaction fee mechanism to achieve deflation.
All Baby Doge transactions are subject to a 10% fee, with 5% redistributed to BABYDOGE holders and 5% allocated to the liquidity pool.
The total supply of BABYDOGE is 420 quadrillion tokens. This super deflationary token is designed to increase in value over time through a token burning mechanism, becoming scarcer as time goes on.
BABYDOGE is a pre-mined token, meaning the total supply is fixed and no more tokens can be created. This has contributed to increased demand and, consequently, the rise in BABYDOGE’s price.
Currently, 30% of the total BABYDOGE supply has been burned, with an estimated circulating supply of 295 quadrillion tokens. Additionally, 5% of each redistribution is also burned.
Every time you trade BABYDOGE, a 10% fee is applied, which is divided as follows:
- Redistribution: 5% is redistributed among all token holders
- Liquidity: 2.5% is sold via smart contract and contributes to liquidity, while the other 2.5% is added to the liquidity pool on PancakeSwap.
Just like its “meme father” Dogecoin, BABYDOGE offers users a low-cost entry point into crypto. Over time, as more tokens are burned, BABYDOGE’s price may increase, potentially bringing considerable profits to holders.
BABYDOGE was conceptualized by Dogecoin enthusiasts, and part of its popularity is thanks to Elon Musk, who mentioned it on Twitter in 2021. BABYDOGE has a thriving online community, with over 200,000 followers on Twitter and several Telegram channels that bring the international community together to support the project's growth.
BABYDOGE supports dog welfare and rescue initiatives around the world, including organizations like Furkids and Best Friends Animal Society.
Baby Doge does not publish any official documents identifying the founding team members. However, environmental philanthropist and founder of Save Lands and PAWZ, Christian Campisi, claimed in July 2021 that he was leading the Baby Doge project.
As a meme cryptocurrency, BABYDOGE does not offer any unique applications or practical use cases. According to the Baby Doge whitepaper, the project's core goal is to promote mainstream adoption of cryptocurrency and support dog-related charity initiatives.
The maximum token supply of BABYDOGE is 420 quadrillion.
BABYDOGE is a BEP-20 cryptocurrency based on the Binance Smart Chain (BSC). It utilizes BSC's Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) consensus mechanisms to enable fast transactions with low fees.
Baby Doge is known for its unique transaction tax, which redistributes BABYDOGE to token holders and the Baby Doge liquidity pool. The liquidity pool consists of equal parts BNB and PancakeSwap (CAKE).
The Baby Doge Coin to other currencies exchange rate?
