Burning History in This Meme Coin: 50 Quadrillion at a Time!

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Burning History in This Meme Coin: 50 Quadrillion at a Time!

As promised earlier by the team of crypto’s new trending meme coin, Baby Doge Coin eventually removed a total of 50 Quadrillion tokens worth $88,500,000 ($88.50 million) from circulation.

This is huge BabyDoge burning, was planned as part of planned events to make meme coin’s first birthday more special. Historic burn, 50 Quadrillion in Ethereum BabyDoge tokenIt took place after a community proposal created on Snapshot on June 1, 2022, was approved by a collective decision to carry out the burning of .

The team launched a burn proposal for the community via SnapShot during the project’s first birthday event on June 2, 2022.

Rival of the Shiba Inu Baby Doge Coinremoved 50 quadrillion Baby Doge Coins from the project’s supply on the Ethereum blockchain to dead addresses in a single large transaction. You can view the transaction from Etherscan.

Baby Doge Coin stated that they celebrated this event that increased the recognition of the meme coin, by holding this burning event on the 1st anniversary of Elon Musk mentioning BabyDoge in a tweet. This burning process also has significance as the largest burning process for any coin/token in the crypto space.

Koinfinans.com As we reported, since the start of 2022, BabyDoge, following its rival Shiba Inu, has been burning quadrillions of tokens every month, but a 50 Quadrillion token burning at once seems to hold its place as a first and historic event for the meme coin community.

To date, BabyDoge has sent a total of 24 quadrillion dog-themed meme cryptocurrencies worth over $66.2 million to dead wallets within six months.

But despite these huge numbers, BABYDOGE is a digital currency with an enormous total supply. Launched last year, the cryptocurrency has a total supply of 420 quadrillion tokens and 159.2 quadrillion tokens in circulation.

BabyDoge Swap launching soon

Following in the footsteps of the Shiba Inu (SHIB), Baby Doge Coin will soon launch its own decentralized BabyDoge SwapConfirmed that they will launch . Meme coin’s team also stated that they are open for partnership and invited BSC tokens to join forces.

According to the team, BabyDoge Swap will be the first in the world of decentralization to offer the lowest fees ever offered to communities, at rates as low as 0 percent.

Additionally, BSC token projects will be able to add staking and liquidity mining to their projects in a self-service interface via the upcoming BabyDoge Swap.

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


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