The developers of the BabyDoge memcoin announced the decision to burn 100 quadrillion tokens on June 1, 2023. The information came from the official Twitter account. At the time of writing, BabyDoge is trading up 2.25% over the past 24 hours according to CoinMarketCap.
The purpose of burning the Baby Doge Coin is to increase security and strengthen the integrity of the project. After the scheduled coin burn, only 85 quadrillion tokens will be active on the network to migrate to Ethereum, according to the official BabyDoge Twitter account.
At the time of writing, BabyDoge is ranked 210th on Coinmarketcap with a market capitalization of $300,789,653. BabyDoge is now listed on Giottus, one of the Indian crypto exchanges, and Forbes Tech has listed BabyDoge as a digital asset.
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