Actively BABYDOGE burning The BabyDoge burning, which is a monitoring platform that performs and can track the amount of tokens burned by the BabyDoge community. follow-up account @babydogeburn, reported that a dazzling amount of BabyDoge meme tokens have been moved to dead wallets over the past 24 hours.
In the transactions mentioned in the tweets, 670,776,571,966; 620,522,589,142; 953.022.434.674 and 1.818.996.632,008 BabyDoge coin it moved. Besides that, meme coin’s community went into intense burning mode. In the previous 24 hours, a total of 10,418,636,106,169 tokens were burned by the BabyDoge community, 2 quadrillion tokens were burned on June 26, and a dazzling amount of 14 quadrillion on June 23.
As a result of all these efforts, about 47 percent of the circulating supply – that is, 196,123,244,745,404,192 BabyDoges, was destroyed. The initial supply of the meme token was 420 quadrillion.
🔥🔥🔥🔥
In the past 24 hours, 10,418,636,106,169 (~$17,743) #BABYDOGE tokens have been burned. So far, 196,123,244,745,404,192 #BABYDOGE tokens (46.696%) have been burned from the initial supply of 420,000,000,000,000,000. #BabyDogeCoin #BabyDogeArmy @BabyDogeCoin— Burn BabyDoge (@babydogeburn_) June 28, 2022
Koinfinans.com As we reported earlier, while these massive token burns were occurring, the price of BabyDoge coin increased by 14.21 percent and the popular meme cryptocurrency rose as high as $0.0000000001817, according to data provided by CoinMarketCap.
Baby DogeCoin says “yes” to my 50 quadrillion burn
Popular meme coin project Baby Doge Coin (BABYDOGE)announced that it will burn 50 quadrillion BABYDOGEs to increase the value of the cryptocurrency.
The Baby Doge Coin team said in an announcement on Twitter today that 50 quadrillion BABYDOGE will be burned from the token supply on the Ethereum network today.
“Did you vote? The team looks like there will be 50 quad burns in ETH tomorrow.”
Did you vote?
Looks like there’s a 50 quad burn tomorrow 🔥 on ETH https://t.co/Hjb7G0274R
— Baby Doge (@BabyDogeCoin) June 27, 2022
Community approval received
The move to burn the 50 quadrillion Baby Doge Coins was planned as part of the planned events to make the meme coin’s first birthday more special. A community proposal created on Snapshot on June 1, 2022 to burn 50 Quadrillion BabyDoge tokens on Ethereum was approved in a collective resolution.
The proposal, which expired today, had requested the BABYDOGE community to decide whether the team would burn 50 quadrillion tokens at once or within the next two months.
The majority of the votes were in favor of the BABYDOGE team burning all 50 quadrillion tokens on the Ethereum network at once.
The Baby DogeCoin community is optimistic that the value of the cryptocurrency will increase tremendously if 50 quadrillion tokens are burned today.
What is BabyDoge? Launched following rivals like Shiba Inu and Dogecoin, Baby Doge Coin (BABYDOGE) is a cryptocurrency created by the online Dogecoin (DOGE) community and considered the “son” of DOGE.
According to the platform’s website, Baby Doge; It is a digital asset “trying to impress its father, Dogecoin, by demonstrating its new, improved transaction speeds and cuteness.”
The Baby Doge Coin project is actively reaching out to dog shelters and organizations that benefit dogs, with a view to the welfare of dogs. It is known that the purpose of the platform is to help rescue as many dogs as possible.
Shiba Inu (SHIB) BabyDoge Community, which has left its mark on the last days with huge burns such as
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.