Baby Doge Coin (BABYDOGE), another meme coin inspired by the relationship between Dogecoin and Elon Musk, has skyrocketed today after major crypto exchange Huobi announced the addition of its token to its platform. For details cryptocoin.com keep reading.
Meme coin BabyDoge goes on the attack after Huobi’s listing
Launched amid the meme coin craze last year, Baby Doge has skyrocketed in popularity following a tweet that initially featured Elon Musk’s name. Although the project claims that the billionaire is indeed considering the new meme coin, no confirmation has come from Elon Musk himself. That didn’t stop the nearly triple-digit increase back then, though.
BABYDOGE took the offensive once again, this time with a slightly more modest increase of around 35%. Within a few hours, the meme coin rose from around 0.0000000295 to 0.000000004, making it the highest price position in a week.
On its official Twitter account, Huobi Global stated that BabyDoge deposits have been activated today. Spot trading of these BABYDOGE tokens will begin when the deposit volume matches the market trading requirements, and the start of the trade will be announced in advance by the Huobi exchange.
There is something interesting in this listing. That’s because Huobi added the BabyDoge to the roster called Pioneer Zone, which launched in late July of last year. Huobi states that Pioneer Zone is geared towards trading high-potential, high-quality projects. Users who trade on this list must go through an authentication procedure. However, users in some regions are not allowed to access it. The places where access is not allowed include North Korea, Japan, China, Iran, USA and a few other countries.
cryptocoin.con Huobi and many other exchanges have decided to withdraw from China after another crypto ban announced by the People’s Bank of China in late September.
BabyDoge surpasses 1 million followers on Twitter
Earlier today, WhaleStatsBSC, which shared data on the first 1,000 whales on Binance Smart Chain, shared that BabyDoge Coin’s official Twitter account has reached a new milestone. Now the meme coin project has more than a million followers on Twitter.
Additionally, WhaleStatsBSC also reported that BabyDoge has returned to the top 10 list of cryptocurrencies that the 1,000 largest BNB whales have actively bought in the past 24 hours.
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