All crypto aficionados, take note! Get ready for some fantastic news! The Baby Dogecoin (BABYDOGE) cryptocurrency has been listed on the famous KuCoin exchange, at a time when its price has increased by an amazing 250% year to date.
KuCoin is a leading global cryptocurrency trading platform, with over $800 million in 24-hour trading activity. It currently offers over 700 digital assets and an increasing number of trade pairings. The site announced the activation of the deposit feature for BabyDoge, with trading having begun on April 18, 2023, at 10:00 AM (UTC), with a BABYDOGE/USDT trading pair.
It’s worth mentioning that BABYDOGE was established on the Binance Smart Chain network, whereas other memecoins, such as SHIB, were launched on Ethereum. According to CryptoGlobe, the number of wallet addresses holding BabyDoge once overtook those holding Shiba Inu.
But what distinguishes BabyDoge from the other memecoins? To begin, it is a hyper-deflationary token that aspires to be a “improved” version of Dogecoin while advocating its objective of dog rescue. Each BABYDOGE transaction is taxed at 10%, with 5% going to token holders and 5% going to a liquidity pool. To limit its circulating quantity, the project has been burning an increasing number of tokens over time.
With its integration into Travel Care, a well-known travel business, the BabyDoge cryptocurrency has seen substantial growth in recent times. This partnership gives BabyDoge holders access to millions of travel services, such as bookings at over 600,000 hotels globally, flights from over 600 airlines, and over 100,000 unique experiences.
The BabyDoge team hinted to a listing on one of the top five cryptocurrency exchanges, and the recent KuCoin listing indicates that the team is on the correct track. KuCoin, which was founded in 2017, has grown to become one of the world’s largest digital asset trading platforms, with over 27 million registered users from over 200 countries.
Keep a watch on BabyDoge and its voyage forward, whether you’re a seasoned investor or a newcomer to the crypto market. It’s a cryptocurrency to keep an eye on, with a large network of supporters and intriguing advancements.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.