$USDC Baby rose for several reasons:

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

& Second, Bitcoin rose from its lowest point last week at $103,000 to $105,400.

& While Ethereum increased to $2,650.

— Baby has a high sensitivity to Ethereum price movements, being the second largest meme coin in its ecosystem after Shiba.

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