Shiba Inu's Siblings, Baby Doge Coin Soars 228.3% In 24 Hours

Newborn, Baby Doge Coin directly talked about (Fxkinfin)

JAKARTA – The new baby Doge Coin (BABYDOGE), which calls itself the son of the crypto asset Dogecoin (DOGE) and the Shiba Inu (SHIB) brother, has been widely discussed. The reason is, the price of Baby Doge Coin has increased by 228.3 percent recently.

Dog coins are known to have a solid and strong community. BABYDOGE itself has a community that aims to raise funds like DOGE and SHIB.

According to the article on the official Babydogecoin.com page, this baby dog coin has a project for dog rescue. In addition, Baby Doge Coin also provides additional coins for holders because they do not sell their coins.

Launching Bitcoin News, the reason for the skyrocketing price of BABYDOGE was caused by the tweet of the Dogefather, Elon Musk. The new coin has suddenly become a hot topic among the crypto community in recent days.

"Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge," Musk wrote on Twitter- on Thursday July 1st.

As usual, the Tesla and SpaceX boss' tweet was able to soar the price of the BABYDOGE token up to 228.3 percent in the last 24 hours. Statistics of strengthening against the US dollar in seven days prove that the coin experienced a price jump of 5 percent in one week. In the past two weeks, the BABYDOGE coin has skyrocketed 716.9 percent, as reported by CoinDesk.

BABYDOGE has a whitepaper called the “woof paper”, audit data, and a number of other details regarding the coin. Baby Doge Coin can be found on Binance Smart Chain (BSC) bscscan.com.

“Baby Doge Coin has learned some tricks and lessons from its meme dad, Doge. A new cryptocurrency born from fans and members of the Dogecoin online community," reads a statement on the official website.

The developer added that BABYDOGE has a transaction speed that exceeds DOGE and SHIB. They also claim to have increased the cuteness level of the baby dog coin.

“(Baby doge) is a Hyper-deflation (coin) with an integrated smart staking system designed to reward you, so more Baby Doge Coins are added automatically to your wallet (from) each transaction. Just love, care for and watch your baby doge grow,” says the developer BABYDOGE on their website.

Currently BABYDOGE is trading at less than one US cent which is 0.000000001910 US dollar per coin. The coin briefly touched its all-time high (ATH) recently, at the level of US$0.000000002014. After that Baby Doge Coin only decreased 5% of ATH.