Baby Doge Coin Crypto Currency, A special case of crypto currency
BabyDogeCoin (BABYDOGE) is a deflationary meme token on Binance Smart Chain (BSC) inspired by the viral success of DogeCoin. For each BABYDOGE transaction a 10% fee is charged, with 5% distributed equally to all BABYDOGE token wallets and 5% added to the BABYDOGE-BNB PancakeSwap liquidity pool. Having burned 29% of BABYDOGE token supply, the burn wallet is included in the 5% reflection reward distribution for each transaction, functioning as an auto-deflationary mechanism to decrease token supply over time. Baby Doge can be integrated as an E-commerce payment solution for Magento, Shopify, and WooCommerce using third party plugins. Baby Doge has donated over $95,000 to animal shelters and kids charities in the USA, and was notably mentioned in a tweet by Elon Musk.
Baby Doge has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the Doge Meme online community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with static reflection that rewards holders, so more baby doge coins are being automatically added to your wallet each transaction. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders.
BabyDoge was launched in June 2021 and has an ambitious roadmap that includes further efforts for pet charity, NFT creation, GameFi and more.
Fact Check Of Baby Doge
|Circulating Supply||159, 278, 394, 658, 794, 000.00 Baby Doge|
|Maximum Supply||420,000,000,000,000,000 Baby Doge In words four twenty quadrillion|
|All Time High/Low||$0.000000006345/$0.000000000095 as on date 11.03.2022|
|White Paper||Pdf Link of baby doge white paper|
|BSC Contract Address||0xc748673057861a797275CD8A068AbB95A902e8de|
|Audited By CertiK||Yes, 90% Secure, Rank #191 Certik|
Why Baby Doge Coin is special Case of Crypto Currency?
Baby Doge is cute but with a lot of BITE! $Baby Doge is a deflationary token designed to become more scarce over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet. Watch the amount of baby doge grow in your wallet as baby doge coin holders automatically receive a 5% fee from every on chain transaction that happens on the Baby Doge ecosystem. The community receives more baby doge coins from the fees generated each transaction.
Some of the features underlined below :
Auto Burns : The dead wallet holds 41%+ of the supply. That means out of the 5% of the redistribution 41%+ of it will be distributed to the dead wallet each transaction. Thus, coins are burned with each on chain transaction.
Auto-reflections : 5% fee of each transaction is redistributed to token holders. That means you can earn more Baby Doge Coins by holding them in your wallet. (centralized exchanges/wallets may not apply tokenomics)
Locked Liquidty : Majority of initial LP tokens locked & some burned. This features alone make babydoge coin high reliable amongst all token in crypto world. For each transaction, 5% added to the BABYDOGE-BNB PancakeSwap liquidity pool. A coin has strong liquidity pool act as insurance for token holders, reduces liquidity risk and offers added assurance for large investers.
Charity Wallet : It has a designated charity wallet that receives redistributions that are used to support our charity partners. It has partnered and donated $100, 000 to Best Friends Animal Society. They are also onboarded to accept baby doge as donation method on their website. In addition to these, baby also partnered with paws with cause, furkids, northshore animallegue for supporting charity.
Baby Doge Crypto Card
Baby Doge application that will be available on iOS and Android. The application will have the following features:
• Ability to Buy Cryptocurrencies
• Ability to send Cryptocurrencies
• Ability to exchange crypto currencies for fiat
• Will have new TextBit technology meaning the users can text BabyDoge to anyone anywhere in the world using a telephone number (restrictions apply)
*initially only in EEA & UK*
Partnership with Simplex
BabyDoge recently declared that they have officially partnered with Simplex, a leading payment solution provider. The partnership will enable users to buy BabyDoge by using their cards directly from BabyDoge’s website.
Simplex is the industry leader in payment processing; On Simplex, users can purchase 130+ cryptocurrencies through Simplex’s network of hundreds of partners and is constantly rolling out support for additional currencies, including over 115 fiat currencies to date.
Simplex, a licensed financial institution, empowers its vast network of partners to accept the broadest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more!
Together with its hundred partners, Simplex is on a mission to make sure crypto is accessible to everyone, everywhere. Simplex has already partnered with top exchanges like Binance, KuCoin, and Huobi Global to make this mission possible.
Note : As baby doge coin now in its phase 5, it successfully completed four phases, expecting baby doge will work in the same manner which will make it reach at its zenith of a crypto currency in 2022. So, by considering all these facts, investment in baby doge coin would be proved best opportunity, but one should research oneself before investing.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been posted. For those who have not already read our disclaimer on safety in the jobedu it is crucial to reference the following items, On BSC Guide and fund management guide on bsc.
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