What is Baby Doge Coin (BABYDOGE)?
BABYDOGE is a hyper-deflationary crypto token that exists on the Ethereum blockchain. Launched in 2021 by a team of anonymous developers, it has seen a few periods of virality which helped it rise to prominence and become one of the biggest meme coins on the market.
Unlike many other meme coins, Baby Doge Coin has a solid roadmap with multiple projects in the pipeline. The project already has its own Swap and is planning to expand into NFT, game creation and other venues in the future.
Baby Doge Coin is a community-based ecosystem, rewarding token holders with percentage of BABYDOGE transactions, supporting charitable causes and using a voting system to decide the future direction of the protocol. The community has supported multiple dog-related charities, donating over $750,000 to them in just two years.
Why buy Baby Doge Coin (BABYDOGE)?
Since BABYDOGE is deflationary in nature, it will become more scarce with time, potentially increasing the value of the tokens held by investors.
Baby Doge Coin has a unique awards system, where all token holders receive a 5% fee from all transactions made within the BabyDoge ecosystem. This means that investors earn tokens simply by storing them in their wallets.
Of course, having actual utility is a big plus for any token, let alone a meme token. With its low transaction fees, a mobile- and web-based application and a number of partner integrations (e.g. Magento, Shopify and WooCommerce), Baby Doge Coin is planning to stay relevant and keep growing for the years to come.
