2021-6-19 16:35 |
Baby Doge Coin (BabyDoge) is the latest cryptocurrency project to garner mainstream attention. However, since the project launched, we have noticed a distinct lack of media coverage concerning the coin, much to the detriment of would-be investors.
So, we thought we could help plug the knowledge gap. This article discusses all of the key things you need to know about the altcoin including what it is, where to buy it and what its investment prospects are.
Scroll down to get started by finding out the best places to buy Baby Doge Coin in the UK and elsewhere.
How & where to buy Baby Doge Coin onlineIf you are wondering where to buy Baby Dogecoin, we recommend choosing an online cryptocurrency broker, signing up, depositing funds and buying coins.
While some crypto investors like to use decentralised exchanges (DEXs), our team of analysts feel crypto brokers offer the lowest fees and most reliable service for buying, selling and trading cryptocurrencies like BabyDoge coin.
So, if you are ready to buy BabyDoge crypto now, here are the two best places to get started:
eToroeToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
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Safemoon TraderSafemoon Trader is a trading software offering users a wide range of cryptocurrency coins including SAFEMOON, DOGE and Bitcoin.
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What is Baby Doge Coin?Running on the Binance smart chain, BabyDoge is the latest cryptocurrency offspring from its meme father, DogeCoin. More specifically, it is a hyper-deflationary altcoin with an integrated smart staking system built into the ecosystem so more BabyDoge are being added to each user’s wallet. This means that holders automatically receive a 5% fee from every transaction that occurs on the Baby Doge network.
The coin was allegedly birthed by fans of the Doge community, and it aims to improve transactions speeds and ‘adorableness.’ The coin has a 5 second block time compares to the 60 seconds of DOGE, and cheaper gas fees in general.
Should I buy BabyDoge coin?If you want to make a risky investment in an altcoin project with the potential for exponential growth, BabyDoge tokens could be a could investment. However, make sure you are aware of the rival meme coins that could be strong alternative investments, and never invest money you can’t afford to lose.
In addition to price accretion, BabyDoge tokenholders can profit from the 5% transaction tax, giving the cryptocurrency the potential to be a strong short-term and long-term investment.
Baby Doge Coin price predictionWe can’t state a definitive BabyDoge price prediction. This is partly due to the unpredictability of meme-coin projects, and it is also because of the lack of fundamentals available to analyse. BabyDoge will grow based predominantly on sentiment, which is extremely difficult to read any better than the rest of the market.
Social media reacts to $BabyDogeINCOMING BURN ☄️
Celebrating 70k+ holders and passing our AUDIT ✅
This Father’s Day Sunday June 20th we will be burning 2.5 QUADRILLION #BabyDoge
Currently valued at over $600,000🔥 pic.twitter.com/4Uy5OOpaNK
cz. u r the biggest influencer in the crypto world #BabyDogeCoin pic.twitter.com/eKm3gWmL2i
— Jeff (@int0x801) June 17, 2021Our ID VERIFIED audit for @BabyDogeCoin is live! Please review the results on our website: https://t.co/Je4pB2MCJb #bsc #smartchain #cryptocurrency
— Dessert Finance (@DessertSwap) June 16, 2021I am the holder of 88e3 wallet. When the official burned $500K Babydoge, I would like to pay the official $10K Babydoge or BUSD to support the development of the community, and to hire Internet celebrities to help the baby dog grow up healthily.@BabyDogeCoin pic.twitter.com/3r9nDf9ZgC
— bebe (@bebe37261624) June 17, 2021@elonmusk come work with #BabyDoge
5 second block times since we are built on BSC Vs 1 minute doge blocks.
Even if you move #Doge to ETH….
BSC gas fees are cheaper than ETH
Check out our crypto news for the latest on Baby Doge crypto and other relevant coins.
The post Baby Doge Coin: what it is and where to buy it appeared first on Invezz.
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