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Performance

Live 1MBABYDOGE/INR Price

₹ 0.05824

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0.56%

Price Changes

₹ 0.00032614

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0.56%

24h Low

₹ 0.05669

24h High

₹ 0.0591

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1MBABYDOGE

1MBABYDOGE

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What is Baby Doge Coin (1MBABYDOGE)?

Baby Doge Coin is a decentralized meme crypto inspired by the success of Dogecoin. It combines humor, community engagement, and charitable efforts to create a unique token that promotes crypto adoption. 1MBABYDOGE is designed to reward long-term holders with automatic redistribution of tokens and supports charitable initiatives, especially those focused on dog welfare.

Who founded Baby Doge Coin?

Baby Doge Coin was launched in 2021 by an anonymous team of crypto enthusiasts inspired by the Dogecoin community. Its primary focus is on fun, engagement, and supporting animal-related charities.

Primary features of Baby Doge Coin (1MBABYDOGE):

• Deflationary tokenomics: Automatic token burns to reduce supply and increase scarcity.

• Rewards for holders: Redistributes a portion of transaction fees to existing holders.

• Charity focus: Supports dog-related charities and welfare programs.

• Community-driven: Relies on an active and engaged community for growth and adoption.

Is 1MBABYDOGE a promising cryptocurrency?

Baby Doge Coin has gained significant attention due to its vibrant community and charitable initiatives. While it is primarily a meme token, its deflationary tokenomics and community support have made it a popular choice among crypto enthusiasts. Analysts note its potential for growth if its community-driven approach continues to attract attention.

The current price of 1MBABYDOGE, as of 31 January 2025, is ₹0.17. You can buy 1MBABYDOGE from crypto exchanges like CoinSwitch.

How do I use Baby Doge Coin (1MBABYDOGE)?

• Rewards: Hold 1MBABYDOGE tokens to earn automatic rewards through token redistribution.

• Charity: Support charitable causes by being part of a community-driven initiative.

• Trading: Buy and sell 1MBABYDOGE to take advantage of market movements.

• Community engagement: Join the 1MBABYDOGE community to contribute to its growth and success.

Pros & Cons of Baby Doge Coin (1MBABYDOGE)

Pros

• Community-driven with a strong focus on charitable causes.

• Deflationary tokenomics designed to increase scarcity over time.

• Rewards holders with automatic redistribution of tokens. 

Cons

• Faces competition from other meme tokens like Dogecoin and Shiba Inu.

• Primarily driven by community sentiment, making it prone to volatility.

• Limited utility beyond its community and charitable initiatives.

How to trade 1MBABYDOGE on CoinSwitch ?

• Start investing in 1MBABYDOGE with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for all users.

• Easily manage your transactions and portfolios on the app.

Baby Doge Coin (1MBABYDOGE) ICO summary

Baby Doge Coin (BABYDOGE) did not conduct a traditional Initial Coin Offering (ICO) prior to its launch in June 2021. Instead, it was introduced as a decentralized meme project on the Binance Smart Chain (BSC), aiming to leverage the popularity of the Doge meme to raise awareness about animal adoption and support dog-related charities.

The tokenomics of Baby Doge Coin are designed to be deflationary. The initial total supply was 420 quadrillion tokens, with a significant portion burned to reduce supply. As of now, approximately 295 quadrillion tokens are in circulation, accounting for about 70% of the initial supply.

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FAQ's

1. How do Baby Doge Coin rewards work?

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Baby Doge Coin rewards holders by redistributing a portion of transaction fees automatically to existing token holders. This incentivizes long-term holding and helps reduce token supply over time.

2. What charitable causes does Baby Doge Coin support?

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Baby Doge Coin focuses on supporting dog-related charities and welfare programs. A portion of its proceeds and efforts are directed toward improving the lives of dogs in need.

3. Is Baby Doge Coin a good investment?

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Baby Doge Coin has a strong community focus and deflationary tokenomics, but its value is mainly driven by community sentiment. While it offers rewards for holders, its price can be volatile and speculative.

4. How can I buy and trade Baby Doge Coin?

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You can buy and trade Baby Doge Coin (1MBABYDOGE) on platforms like CoinSwitch with as little as ₹100. Simply manage your portfolio and transactions through the app for a seamless experience.

Highlight

Baby Doge Coin (1MBABYDOGE) is a community-driven meme crypto. It was created to spread awareness about crypto while supporting charitable causes.

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Price Statistics

1MBABYDOGE Price Today

1MBABYDOGE Price

₹0.05824

Price Change 24h

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0.56%

Price Change 7d

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6.52%

Market Rank

#228

Market Cap

₹3,062 Cr.

Trade Vol 24h

472 Cr

Circulating Supply

15,321 Cr. 1MBABYDOGE

Trading Activity

65% Buy35% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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