Because Of This, The BabyDoge Community Says Thank You To Elon Musk

BabyDoge celebrates Elon Musk's tweet. (BabyDoge)

JAKARTA – A meme coin inspired by Elon Musk's Twitter tweets and now having a strong community and fast-growing holder, Baby Doge Coin (BABYDOGE) recently thanked Tesla boss Elon Musk.

This was conveyed by the BabyDoge Twitter account in celebration of the one-year anniversary of Elon Musk's tweet that sparked the birth of the meme coin.

In 2021, billionaire Elon Musk changed the song "Baby Shark" and replaced some of the lyrics with "Baby Doge, doo, doo, doo, doo...". It was this tweet that triggered the BabyDoge meme coin increase.

Today we're not only celebrating 50 Quadrillion burn but also the 1 year anniversary since @elonmusk tweeted #BabyDoge ! The biggest blessing to thousands of people worldwide we are forever grateful! pic.twitter.com/GWYdkau61N

— Baby Doge (@BabyDogeCoin) July 1, 2022

However, Elon Musk himself has not directly acknowledged the meme coin built on the Binance Chain network. But Elon Musk's tweet on July 1, 2021, has sent the BabyDoge price flying.

As of last June, BabyDoge had a market cap of $268 million, making it the 121st-largest cryptocurrency by market cap, according to data from CoinGecko. Baby Doge Coin is traded on OKX, Gate.io, and several other crypto exchanges.

For information, Elon Musk is a supporter of the first meme coin Dogecoin (DOGE). The increase in the price of Dogecoin in early 2021 has inspired the emergence of other meme coins such as Shiba Inu, Dogelon Mars, MissDoge, DogeZilla, BabyDoge and so on.

In the midst of a bear market that took place in the last few months. In early June, Elon Musk stated that he was buying more DOGE following a lawsuit against Musk for promoting Dogecoin. Commenting on this, the figure who experienced childhood in South Africa said that he would continue to support Dogecoin and would buy more DOGE.