Yes, Baby Doge Coin (BABYDOGE) tokens are burned periodically as part of their economic design mechanism to reduce the circulating supply and increase the coin's scarcity over time, which may positively impact its value. Below is a comprehensive explanation of the burning process and related information:
What is coin burning?
Coin burning is the process of permanently removing a certain amount of tokens from circulation by sending them to an unusable wallet address (known as a "Dead Wallet" or "Burn Address"). The primary goal is to reduce the circulating supply, which can increase the value of the remaining tokens if demand remains constant or increases.
Baby Doge Coin Burning Mechanism
Manual burns:
The Baby Doge team periodically performs manual burns, removing large amounts of coins from circulation.
For example, according to posts on the X platform from the account
@BabyDogeCoin
:
In February 2023, approximately $100,000 worth of coins were burned via the Burn Portal.
In April 2024, 302 quadrillion coins were burned, with an estimated value of $669,000.
In March 2024, 138.9 quadrillion coins were burned, with an estimated value of $236,000.
In January 2024, 170 quadrillion coins were burned.
In August 2023, 1.9 quadrillion coins were burned based on a community proposal.
Automatic Burns:
Coins are also burned through mechanisms built into the Baby Doge ecosystem, such as:
Transaction Fees: A 10% fee is charged for each BABYDOGE transaction, with 5% redistributed to token holders and 5% allocated to liquidity pooling. A portion of these transactions is sometimes used for burning.
NFTs and AI Credits: Every purchase of NFTs or AI Credits automatically burns a quantity of coins, contributing to a decrease in supply.
Burn Portal:
The Baby Doge team launched a burn portal in February 2023, allowing users to voluntarily burn their coins in exchange for benefits such as lower purchase fees. Until April 1, 2023, the team burned 5 coins for every token a user burned through the portal.
Burning statistics
Total original supply: 420 quadrillion BABYDOGE coins.
Current circulating supply: approximately 165.7 quadrillion coins (as of last update in June 2025).
Amount Burned: About 216 quadrillion coins were burned (about 51% of the original supply).
Since the coin's launch in June 2021, the development team has continued to burn tokens monthly, as part of their supply management strategy.
The effect of burning on the price
Although the coin burning is intended to increase the scarcity of BABYDOGE, a direct impact on the price is not guaranteed. As the account noted,
@BabyDogeCoin
“Burning does not directly create or enhance value,” because the price is influenced by other factors such as market demand, public sentiment, and celebrity endorsements (such as Elon Musk, who contributed to the currency’s popularity with his tweets in 2021).
Market analysis indicates that BABYDOGE is highly volatile, and is heavily influenced by market news and community activity.
Advantages and risks of burning
Advantages:
Reducing the supply may increase the value of the currency in the long run.
Incentivizing investors to hold the coin (HODL) due to fee redistribution.
Support the community by submitting burn suggestions through platforms like Snapshot.
Risks:
There is no guarantee that burning will cause the price to rise, especially if demand is weak.
Meme coins like BABYDOGE are highly volatile and rely on media hype, making them a risky investment.
The lack of clear practical use cases may limit the currency's long-term growth.
Additional information
Blockchain: Baby Doge runs on the Binance Smart Chain (BNB Chain) network, allowing for fast transactions and lower fees compared to Dogecoin.
Consensus mechanism: Uses Proof of Staked Authority with 21 validators to ensure decentralization.
Community and Charity: Baby Doge supports many animal charities, enhancing its positive image.
Current Price: According to the latest update (June 2025), the price of BABYDOGE is around $0.000000001408 USD, with a market cap of $234.82 million, which is down by 1.13% in 24 hours.
How to track burns?
You can follow the spoiler announcements through the official account.
@BabyDogeCoin
On the X platform, burn details are published with links to blockchain records (such as BSC Scan) as proof of the burn.
Sites like CoinMarketCap and CoinGecko provide live updates of circulating supply and market cap.
Conclusion
Baby Doge Coins are burned regularly through manual and automated processes, with the goal of reducing the circulating supply (approximately 51% of the original supply has been burned so far). This strategy is part of the coin's deflationary design, but its impact on the price depends on other market factors. Due to its volatile nature as a meme coin, careful research is recommended before investing in BABYDOGE. For more details, visit the official website babydoge.com or follow the account.
