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Cryptocurrency News Articles
$BABYDOGE Investors Make a Striking Comeback After Two Years of Inactivity, Targeting $2.45 Million Profit
Sep 30, 2024 at 05:49 pm
After two years of inactivity, early $BABYDOGE investors have made a striking comeback. Yesterday, 12.66 trillion $BABYDOGE tokens
Early investors in the memecoin baby doge coin (CRYPTO: BABYDOGE) are making a comeback after two years of inactivity.
On Friday, a total of 12.66 trillion BABYDOGE tokens, currently valued at approximately $2.92 million, were deposited into Binance, hinting at a possible sell-off.
These tokens were acquired by an address that had amassed 1,261 trillion BABYDOGE tokens between June 17 and June 21, 2021, through PancakeSwap at an average price of just $0.0000000003649 per token.
If all these tokens are sold at current prices, the investor stands to make an impressive profit of $2.45 million, representing a 531% return on investment.
This early investment in baby doge coin highlights the potential profits that can be realized by investing in memecoins.
BABYDOGE Activity Surges After Binance Announcement
The increased activity around baby doge coin comes after Binance announced on September 16 that it would be listing the token with a seed tag, further legitimizing the memecoin and attracting more investor interest.
In addition, baby doge coin was also recently listed on ZebPay, one of India's largest cryptocurrency exchanges, broadening its market accessibility and driving further demand.
With these recent developments, baby doge coin is once again capturing the attention of the crypto community, and early investors are poised to make considerable profits.
The combination of exchange listings and renewed investor interest suggests that baby doge coin is entering a new phase of growth, making it a noteworthy player in the evolving world of memecoins.
As the market watches closely, the coming days could see more activity and movement for this once-dormant token.
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