BabyDoge Surpasses SHIB, DOGE On Top Gainers List Of BSC Today

The BabyDoge Army is all hyped up today as their memecoin officially crosses pupcoin Shiba Inu and the original dog-inspired token Dogecoin on the top gainer’s list of the Binance Smart Chain (BSC) Ecosystem. In a tweet declaring the same, BabyDoge commented on today’s rally, saying, “Wow BabyDoge leading the memes!”

It should also be noted that the FET token, the in-house token of the Fetch.ai network, has topped this chart of top gainers on 2nd March, 2022. Fetch.ai is a platform that brings together the two emergent, futuristic sectors of the tech world – cryptocurrencies and artificial intelligence.

4 Quadrillion BABYDOGE Burned On 2 March

A part of this rise of the 2022’s most prominent Doge-inspired token, BabyDoge, may be attributed to the fact that Babydoge burned an eye-catching 4 quadrillion tokens today. The official Twitter page of the memecoin highlighted that this burn was worth a whopping $13.6 million just some time ago.

Regardless, bear in mind that as forewarned by the memecoin’s official Twitter, while burns do remove tokens from the overall supply, they do not mean or nor should you infer that the price is necessarily going up. Adding that, “As with anything in crypto, please proceed with caution & make decisions at your own risk.”

The Rise Of BabyDogeArmy This Year

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.

BabyDoge, along with Shibnobi (SHINJA), Saitama, Floki Inu, and many from a newer generation of memecoins have been killing it in the crypto marketplace in 2022 – especially in Jan and Feb – when the rest of the big-name cryptocurrencies were still suffering falls in prices from largely bearish market sentiment.

At the time of publishing, Baby Doge has risen 1.9% in the past 24 hours, with a 0.6% increase in value this week.

Sneh Dokania is an Economics major student with an inquisitive disposition seeking to articulate facts, information and news stories in a candid manner on Clout News.

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