Popular meme coin Baby Doge Coin has reached a new milestone by burning more than 100 quadrillion BABYDOGEs estimated to be worth $200 million in a single transaction.
BURN IS HERE #BabyDogeArmy 🔥
NEWS CONTINUES BELOW100 Quadrillions #BabyDoge burned on Ethereum !
A world record 👀
NEWS CONTINUES BELOWWorth nearly an estimated $200,000,000 🤯
Proof: https://t.co/1dwNRAYr65
NEWS CONTINUES BELOWAdditionally $370,000 worth were burned on BNB chains
Proof: https://t.co/mgna28BOl8 pic.twitter.com/EwcIREkLmD
— Baby Doge (@BabyDogeCoin) June 1, 2023
According to a tweet on Baby Doge Coin’s official Twitter account, the meme coin platform has confirmed that it has burned 100,185,000,000,000,000 (100.18 quadrillion) BABYDOGEs on two different chains. The approximate value of transactions on the two different networks was $200,370,000 (200.37 million).
Baby Doge Coin Burned On Ethereum
The BabyDoge team managed to set a world record by burning 100,000,000,000,000 (100 quadrillion) BABYDOGEs in a single transaction on the Ethereum network. These tokens amount to approximately $200 million.
Baby Doge Coin Burning on BNB Network
In addition to the burning in the ETH network, the BabyDoge team also burned 185,000,000,000,000 (185 trillion) BABYDOGE at a value of 370,000 dollars on the BNB chain.
Alongside these major burning events, the Baby Doge team announced that its Twitter followers had grown to over 1.95 million, a testament to the project’s growing popularity and community engagement.
In addition, Baby Doge celebrated its second anniversary. celebrated. With this development, the team also emphasized the durability of the project and stated that while many coins come and go, Baby Doge has stood the test of time. The longevity of the project and its continued growth in the often volatile crypto market underscore its potential and the dedication of its community.
Effects of Burned Meme Coins on BabyDoge Price
According to CoinGecko data, Baby Doge Coin is ranked 121st and is trading at $0.0000000001914. Meme coin’s 24-hour trading volume was down 0.6% at $1,793,842.
Despite record burning events, data reveals that Baby Doge Coin still has a large circulating supply, equal to 152,171,941,525,011,260 (152 quadrillion) tokens.
You can check the price movements here.