Baby Doge Coin is a light-hearted meme coin originally launched on the Binance Smart Chain. Unlike its forefathers Dogecoin (DOGE) and Shiba Inu (SHIB), Baby Doge actively rewards its holders and passively grows their holdings through token reflections.
As we often see with successful meme coins, Baby Doge Coin has built a bustling ecosystem complete with DeFi apps and NFTs. Like their BSC cousin Floki Inu (FLOKI), Baby Doge Coin has also thrown a bone to charitable causes, donating over $750,000.
How is this puppy different from other dog-themed cryptocurrencies? Did Elon Musk really shill Baby Doge Coin?
What Is Baby Doge Coin?
If you haven’t already guessed, Baby Doge Coin is another canine coin in the crypto market. It was initially launched on the Binance Smart Chain, or BSC, on June 1st, 2021. After attracting significant volume and notoriety, the developers built a blockchain bridge allowing holders to migrate BABYDOGE tokens to the Ethereum (ETH) network.
At 420 quadrillion tokens, the BABYDOGE max supply is one of the largest in the digital asset market. But don’t be fooled by the gargantuan store; over 200 quadrillion tokens have already been burnt, reducing the…
