Baby Doge Coin to Burn 100 Quadrillion Tokens on June 1
• Baby Doge Coin (BabyDoge) has announced a massive burn of around 100 quadrillion tokens on June 1st.
• Currently, more than 659B tokens are burnt before hours worth $1,327.
• 205 quadrillion tokens have been burnt with a total worth of $432 million till May 21st, 2023.
BabyDoge Announces 100Q Token Burn
BabyDoge has announced the massive burn of around 100 quadrillion tokens on June 1. The original Twitter handle of BabyDoge informed this schedule to be held on 1st June 2023.
Recent Updates On Baby Doge Coin
Recently, BabyDoge is listed on Giottus, one of the Indian cryptocurrency exchanges and Forbes Tech has also listed it as a digital asset. Moreover, 205 quadrillion tokens have been burnt with a total worth of $432 million till May 21st, 2023. Additionally, more than 659 billion token are burnt before hours which reports the highest burn of the day and values $1,327 as per the current market price.
Current Market Price Of BabyDoge
As per CoinMarketCap report, Baby Doge Coin is currently traded at a 2.25% increase over the last 24 hours which values $0.000000002056 with 36.29% of tokens in circulation and trading volume worth $3,867,749.
Outcome After The Token Burn
The announcement of 100Q token burn in upcoming week will be a heat breaker as predicted by many investors in the crypto market space given its popularity among memecoin enthusiasts and traders alike..
BabyDoge has made remarkable progress since its listing on other popular cryptocurrency exchanges like Giottus and Forbes Tech listing it as digital asset which led to increase in its market value and circulation rate compared to previous days making it one of the most popular coins among memecoin enthusiasts and traders alike . Therefore ,the announcement of token burn can prove beneficial for its long-term growth prospects given that it will lead to deflationary pressure resulting in higher prices eventually leading to further gains in value for investors .