Baby Doge Coin (BABYDOGE) is a decentralized cryptocurrency and memecoin inspired by Dogecoin and Shiba Inu, leveraging the popularity of the "Doge" internet meme. Here's a structured overview:
Key Information.
1. Origin & Concept
- Launched in June 2021 by anonymous developers.
Marketed as the "offspring" of Dogecoin, with a community-driven focus on charity (especially animal welfare).
Features the iconic Shiba Inu dog mascot in a "baby" version.
2.Tokenomics
Supply: Initially 420 quadrillion tokens. Deflationary: 5% of every transaction is redistributed to holders, and another 5% is burned (removed permanently), reducing supply over time.
Total Burned: Over 48% of initial supply burned (as of 2025).
3. Technology
Blockchain: Runs on Binance Smart Chain (BSC) for low fees and fast transactions (BEP-20 token).
Ecosystem:
Baby Doge Swap (decentralized exchange).
NFT collections.
Charity initiatives (e.g., donations to animal shelters).
4.Notable Features
Reflections: Holders earn passive tokens via transaction redistribution.
Community-Driven: Voting rights for development proposals.
Cross-Chain: Supports Ethereum (ERC-20) via bridging.
5.Market Data (Approx. July 2025)
Price: ~$0.000000001ā$0.000000002 USD.
Market Cap: ~$150ā$300 million.
Rank: Top 300ā500 cryptocurrencies.
6. Where to Buy
Exchanges: BINANCE, PancakeSwap (BSC), Gate.io, MEXC, Bitget, LBank.
Wallets: Trust Wallet, MetaMask, Baby Doge Wallet.
7.Risks & Criticisms
Volatility: Typical of memecoins; high risk of price swings.
Regulatory Uncertainty: Memecoins face scrutiny from regulators.
Competition: Heavily saturated memecoin market (Dogecoin, Shiba Inu, etc.).
Recent Developments:
Partnerships: Collaborations with crypto projects (e.g., Travala for travel bookings).
Tech Upgrades: Enhanced swap platform and cross-chain support.
Charity: Over $1 million donated to animal charities.