- The price of a Shiba Inu (SHIB) rival meme coin has surged as a result of an announcement and speculation that a major crypto exchange listing will take place.
The meme cryptocurrency recently popular with its quadrillion burns Baby Doge Coin (BABYDOGE)is trading at $0.0000000018 at the time of writing, an upside gain of 44 percent from the market open, unlike the rest of the market after an announcement.
It is thought that this price explosion is probably due to the tweet shared by the project’s official Twitter account earlier in the day that an important announcement will be coming. Many BabyDoge owners hope that a long-awaited development will finally come true and that the meme cryptocurrency will be included in the crypto portfolio of Binance, one of the largest crypto exchanges in the world.
Major announcement coming tomorrow…
— Baby Doge (@BabyDogeCoin) August 8, 2022
Will Babydoge really be listed on Binance?
It is worth noting that although BabyDoge’s famous BabyDoge multi-quadrillion burning events took place on the Ethereum network, the mainnet of the project is Binance’s BNB Chain (formerly BSC).
Built on Binance BNB Chain (formerly BSC), BabyDoge has been regularly featured in various media and news focused exclusively on BNB Chain-based projects, due to the strong popularity of the project.
These accounts sometimes reported the quadrillions of BabyDoge burns, or put the money on the most actively discussed list on social networks, or simply wrote about the success of the project at this stage. However, BabyDoge itself has not yet been included in the list of cryptocurrencies that Binance serves.
https://twitter.com/BSCNews/status/155676224555407365?s=20
Besides, you may remember the words of Changpeng Zhao, the head of Binance, that the main parameter a cryptocurrency must have in order to be listed on the giant exchange is the presence of a large number of people trading with it.
Given the number of Holders (1.6 million) and the growing activity of Binance-affiliated media regarding BabyDoge, perhaps this big announcement, which will be announced to the BabyDoge army today, could finally settle the discussion about the listing completely.
You can follow the current price action 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.