As of 3rd February, popular memecoin BabyDoge is partnering with TSG Hoffenheim, a professional German football club, to curate club-specific NFTs for its football and crypto enthusiasts.
“TSG Hoffenheim is happy to be working together with such an innovative and leading brand like Baby Doge. We are excited and looking forward to a successful partnership, where we’ll bring an NFT collection from the club and other exciting projects to life,” remarks Denni Strich, TSG’s CEO.
Babydoge PM Mike Watson has expressed the crypto team’s “proud” stance on becoming the Bundesliga club’s official partner too, as the memecoin is thrilled to grab the opportunity to create some collaboratively-developed NFT collectibles for the club’s loyal fans to watch out for.
BabyDoge’s Gains In The Deal
Mike Watson has further elucidated that the deal comes at an extremely beneficial bargain for the BabyDoge community as well, “as it expands our digital presence in the global market and places Baby Doge in the Bundesliga, while we continue to build our presence in the EU.”
As a memecoin, spreading the gospel of the BabyDoge Army to different parts of the world is crucial to the coin’s growth, since their cryptocurrency’s value is massively community-driven.
“We endeavor to expand our global reach as a community-centered project, as well as to form strategic partnerships with world-class organizations, which will enable Baby Doge to showcase our benefits and establish ourselves as a player in the sports world.”
Besides this, the partnership will also provide the Doge-inspired meme token key promotional materials such as LED advertising around the pitch at all home games, as well as other wide-reaching advertising tools and co-branded content.
BabyDoge And Its Latest Developments
BabyDoge, created by Doge meme lovers with a mission to help save dogs, is a pupcoin that turned into a huge hit in January this year. The token swiftly broke its all-time high mid-way through Jan, surpassed a rival-coin Shiba Inu in owners’ count, and even overtook Ethereum to become the most-traded coin among the biggest BSC Whales – all during the same period.
More recently, the BabyDoge coin burned a whopping 4.8 quadrillion tokens in celebration of the Lunar New Year just this week (click here to read further on this latest token burn). The pupcoin lately crossed over 900k followers on its Twitter handle too, accomplishing a steady stream of surging traction from the crypto community.
All of this, however, could not prevent the deflationary memecoin from falling over 10.6% in the last 24 hours, resulting in a 13.3% downturn in the past 7 days (at the time of publishing), according to CoinGecko.