A year after launch, BabyDogeCoin finally receives validation from CoinMarketCap.
Baby Doge Coin informed its users that the popular price-tracking website for crypto assets, CoinMarketCap, verified its circulating supply. The circulating supply of a coin refers to the number of coins or tokens that are publicly available and circulating in the market.
With the verification coming a year after the launch of the Baby Doge Coin, data from CoinMarketCap revealed that at a market capitalization of $140,498,018, 115,113,333.04B tokens were in circulation at the time of writing. The milestone was announced in a Twitter post made on June 16.
Price Performance in the Last 24 Hours
At the time of writing, the BabyDogeCoin exchanged hands at $0.000000001217. The coin was 93% shy of its all-time high of $0.00000002 recorded last June at this price.
Severely overbought at the time of writing, the Relative Strength Index was spotted at 100 at the time of press. With price registering a 2% decline in the last 24 hours, this was a divergence indicating that a further price drop down was underway.
What is Baby Doge Coin:
Baby Doge Coin is the acclaimed ‘son’ of popular meme token, DOGE. Baby Doge Coin has a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project team hopes to ride the momentum of its ‘father’ coin but with faster transactions and enhanced cuteness.
The Baby Doge Coin project looks out for the welfare of dogs and is actively reaching out to dog shelters & organizations that benefit dogs. Helping rescue as many dogs as possible is its goal.
To learn more about Baby Doge Coin, visit these official links:
Source : bsc.news
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