The cryptocurrency market has generally moved in the red zone today in its back and forth swing. However, a meme coin project has left the market and has made a significant profit. This increase is based on the claim that the world’s largest crypto exchange Binance will list the meme coin project. This listing claim exploded the price of Baby Doge Coin (BabyDoge).
BabyDoge teaser sparks price of meme coin
cryptocoin.comAs you follow, the crypto money market is mostly in the red, especially the leading crypto Bitcoin. However, the meme coin project BabyDoge, a derivative of Dogecoin, is rapidly moving in the opposite direction of the market. BabyDoge diverged from the rest of the market and posted a 25% increase in press time. The source of this explosion aroused curiosity.
The official Twitter account of the meme coin project released a teaser of an important announcement earlier in the day. This extraordinary situation in the price increase is probably due to the meaning attached to this teaser. Many BabyDoge holders have long been waiting for Binance, one of the world’s largest crypto exchanges, to add it to BabyDoge’s list. The teaser, which has been released now, has been interpreted as the meme coin will be included in this list.
So, is the meme coin really making it into the Binance list?
The main net of the meme coin project is BNB Chain (formerly BSC). Its developers built BabyDoge on this network. BabyDoge’s famous BabyDoge multi-quadrillion burning event is based on the Ethereum network. Due to the strong popularity of the project, it has been regularly featured in various media and news focusing exclusively on BNB Chain-based projects.
These accounts sometimes said that BabyDoge burned another quadrillion. Or, he noted that he added the cryptocurrency to the list of the most actively discussed on social networks. Or reported writing about the success of the project at this stage. On the other hand, BabyDoge itself has not yet made any confirmation about the listing on Binance.
As you know, Binance chairman Changpeng Zhao (CZ) has the main parameters that a cryptocurrency must have in order to be listed. First, CZ notes that there should be a lot of people trading with him.
The number of BabyDoge’s holders is 1.6 million. Also noteworthy is the growing activity of Binance-affiliated media regarding BabyDoge. Given all this, BabyDoge is indeed likely to be a Binance passenger. Perhaps, this big announcement promised to the BabyDoge army finally really settles the matter.
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