500 Trillion Giant Burn From Popular Meme Coin: What’s Going On?

Created by fans of the dog themed meme coin Baby Dogecontinues to develop its audience. While meme coin has come to the fore with its recent burns, the burning rate has been severely affected last night. rose. According to the post, 500 trillion tokens were burned in a single transaction. This means an average burn of 1.3 million dollars.

Baby Doge has already managed to burn more than 45% of its 420 trillion token supply. These burnt tokens are “burned” at an unreached address so that they can no longer be put into the circulating supply.

Koinfinans.com As we’ve reported, Baby Doge, due to its unique deflationary system and loyal community, as well as other utilities cryptocurrency It quickly became a favorite among enthusiasts.

The developer team announced the “PIP” integration, which will be used as a payment tool on more than one social media platform, in its share the other day. The integration means users can now send and receive Baby Doge as payment on Twitter, Reddit and other social media channels. The announcement also continues work on NFT creation, GameFi, and more.

Baby Doge is also expected to launch a virtual crypto card this week that will allow users to spend Babydoge and other crypto on global Google and Apple Pay in-person purchases.

You can follow the current price action here.

Source : The Crypto Basic


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