With a 100% increase over the last day, BabyDoge is fast becoming the hottest crypto. Here’s where to get your hands on it.
2021 has certainly been the year of the meme coin, and coins based on four-legged friends have fared particularly well during this bull market. Dogecoin was the first to rally and was followed by Shiba Inu Coin, but now the youngest member of the family, Baby Doge Coin, has stolen the limelight.
If you want to stock up on BabyDoge before the price climbs higher, read on to find out how and where to buy Baby Doge Coin.
How & where to buy BabyDoge in the UK and elsewhere
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What is BabyDoge and how is it different from Dogecoin?
Baby Doge Coin is a new meme coin that follows in the footsteps of Dogecoin and Shiba Inu Coin. BabyDoge bears the face of a junior “Doge”, and its value stems from its comedy value, meme-based collectability, and undeniable cuteness.
BabyDoge also boasts some practical improvements over Dogecoin: firstly, it uses proof-of-stake consensus, making it more environmentally-friendly and giving it a greater transactional capacity.
Secondly, BabyDoge uses innovative tokenomics to enforce a deflationary supply. This means BabyDoge tokens should, in theory, accrue more value over time, whereas DOGE tokens should (again, in theory) lose value.
Should I buy BabyDoge today?
With Elon Musk tweeting his support for BabyDoge, now could be a great opportunity to buy. As we’re sure everyone knows by now, the Tesla CEO’s ability to move crypto markets with just a Tweet is well-documented, and further support from the EV magnate could propel BabyDoge to stratospheric prices.
In addition, BabyDoge’s improved efficiency means it could become a long-term replacement for Dogecoin, which may become clunky to use but will no doubt leave its supporters searching for a replacement.
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge— Elon Musk (@elonmusk) July 1, 2021
BabyDoge price prediction
Despite a bearish climate in the broader cryptocurrency market, BabyDoge has actually been on a consistently upward trajectory since its inception a couple of weeks ago. With the current price hovering around $0.0000000015, the next obvious target is a return to the all-time high at around $0.0000000022.
The post Where to buy Baby Doge Coin: is BabyDoge Elon Musk’s new favourite crypto? appeared first on Coin Journal.
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