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How much is the BabyDoge coin issued?
BABYDOGE, introduced in June 2021, boasts a supply of 420 quadrillion tokens, overshadowing even Dogecoin's 128 billion.
Dec 12, 2024 at 10:18 pm
How Much is the BabyDoge Coin Issued?
BabyDoge Coin (BABYDOGE) is a cryptocurrency that was created in June 2021. It is a meme coin that is based on the popular Dogecoin (DOGE) cryptocurrency. BABYDOGE has a total supply of 420 quadrillion tokens, which is significantly more than the total supply of DOGE (128 billion).
1. The Distribution of BabyDoge Coins
The distribution of BABYDOGE coins is as follows:
- Presale: 20% of the total supply (84 quadrillion tokens) was sold in a presale that took place in June 2021.
- PancakeSwap: 50% of the total supply (210 quadrillion tokens) was added to PancakeSwap, a decentralized exchange, for trading.
- Burned: 28% of the total supply (117.6 quadrillion tokens) was burned, meaning that these tokens were permanently removed from circulation.
- Team: 2% of the total supply (8.4 quadrillion tokens) was allocated to the BabyDoge team.
2. The Value of BabyDoge Coins
The value of BABYDOGE coins is determined by supply and demand, as is the case with all cryptocurrencies. The price of BABYDOGE has fluctuated significantly since its launch, but it has generally trended upwards. As of January 2023, the price of BABYDOGE is approximately $0.000000002.
3. The Future of BabyDoge Coins
The future of BABYDOGE coins is uncertain. The value of BABYDOGE could continue to increase if the demand for the coin continues to grow. However, it is also possible that the value of BABYDOGE could decline if the demand for the coin decreases.
4. Should I Invest in BabyDoge Coins?
Whether or not you should invest in BABYDOGE coins is a decision that you should make based on your own research and financial situation. There are no guarantees that the value of BABYDOGE will increase, and it is possible that you could lose money if you invest in the coin.
5. Where Can I Buy BabyDoge Coins?
BABYDOGE coins can be purchased on a variety of cryptocurrency exchanges, including PancakeSwap, Gate.io, and MEXC.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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