A post by @WhaleStatsBSC earlier today to tweet According to Baby Doge Coin, it has managed to surpass DOME to become one of the most traded crypto assets on BSC (also known as BNB Chain). The popular meme coin price reacted to this development with a short spike in the charts.
Baby Doge Coin has become one of the most traded tokens
BSC whales currently hold 888 trillion BabyDoges, valued at just over $866,000. This means that meme coin makes up 0.12% of their portfolio.
The price of the meme coin, which passed DOME, rose to the level of $ 0.000000000983. However, this bullish situation did not last long and at press time, the coin is trading at $0.000000000910.
meme coin race
Baby Doge Coin is reducing its circulating supply much faster than the Shiba Inu community. The BabyDoge community is removing more tokens from circulation compared to the SHIB burning events. In the last 24 hours, 4,916,388,321,864 BabyDoge burns worth $4,566 have taken place. According to data shared by the Shibburn follower, the SHIB community removed 27,939,968 tokens valued at $232.
Last week, the BabyDoge community burned a total of 41,713,028,067,448 meme coins (equivalent to $38,747).
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.