Baby has risen for several reasons:

& First, the recent collapse of the cryptocurrency market has stopped over the past few days.

& Second, Bitcoin has risen from its lowest point last week of $103,000 to $105,400.

& Meanwhile, Ethereum has risen to $2,650.

— Baby is highly sensitive to Ethereum price movements, being the second largest meme coin in its ecosystem after Shiba.

— Shiba, for example, saw its value decrease by 81% between its peak last November and its lowest point in April, as Ethereum's value dropped from $4000 to $1300.