baby doge coin (BABYDOGE) has been trending on social media in the past week. The price has turned higher after dropping
What is baby doge? How does it differ from the popular dogecoin (DOGE) and the other dog-themed cryptocurrency memecoins?
In this article, we look at the project’s latest news and some price projections from forecast sites.
Baby doge aims to build on memecoin protocols
The baby doge cryptocurrency is among a growing number of coins and tokens based on the Shiba Inu dog Internet meme, from dogecoin to shiba inu (SHIB), floki inu (FLOKI), dogelon mars (ELON) and more.
Dogecoin was launched as a joke, parodying the proliferation of cryptocurrency projects. But it has developed a strong community focused on the potential for small investors to get involved. According to the project’s whitepaper:“Baby Doge Coin was born June 1st 2021 with the goal of being a decentralised meme project with a purpose. Baby Doge is a fun meme with a serious mission to rescue dogs in need, bring crypto adoption to the mainstream with new concepts such as rewards, NFTS, decentralised exchanges, and credit card for crypto payment on our website.”
Baby doge aims to build on the work of dogecoin with faster transaction speeds and deflation to support the token’s value.
“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,” says the website. “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.”Like other dog-themed memecoins, the developers behind the project are anonymous. Baby doge runs on the Binance Smart Chain (BSC). It’s compatible with the Ethereum blockchain and users can bridge their assets across the chains.
The protocol features three basic functions: reflection, liquidity pool acquisition and burn. Each trade incurs a 10% transaction fee, which is split in two ways:
5% is distributed automatically to token holders as a reward
5% is split, with half sold into binance coin (BNB) and the other half added to the BABYDOGE/BNB liquidity pair on the PancakeSwap decentralised exchange (DEX). The majority of the initial liquidity pool tokens are locked and some burned
Of the total baby doge token supply of 420 quadrillion, a dead wallet holds 41%, burning coins with each transaction.
The project has a designated charity wallet that receives redistributions to be donated to its charity partners.
Feg and BabyDogeCoin 2 trending Coins in BSC SPACE
feg and babydoge has maintained to be in trending list since last week on bitcoinlfg.com
Baby Dogecoin is a crypto asset created by the online Dogecoin community. According to its website, “Baby Doge seeks to impress his father by showing his new, improved transaction speeds and adorableness.” Being a deflationary token, Baby Dogecoin has been designed to get scarce with time
FEG Token is a decentralized transaction network on Ethereum and Binance Smart Chain. It is driven by its native FEG token, which is a hyper-deflationary, community-driven governance token with a 2% transaction tax
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Baby Dogecoin is a crypto asset created by the online Dogecoin community. According to its website, “Baby Doge seeks to impress his father by showing his new, improved transaction speeds and adorableness.” Being a deflationary token, Baby Dogecoin has been designed to get scarce with time
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FEED EVERY GORILLA THE TOKEN WITH MOST UTILITY IN THE CRYPTO WORLD IS ALL SET TO WORLD PREMIERE ON BITCOINLFG MAGAZINE COVER ON MAY 5 AS MAGAZINE LAUNCHES ON MAY 10
FEG Token is a decentralized transaction network on Ethereum and Binance Smart Chain. It is driven by its native FEG token, which is a hyper-deflationary, community-driven governance token with a 2%
FEGtoken’s circulating supply decreases every minute of every day. Over 1% of every transaction is immediately and automatically burned forever, and as the number of burned tokens increases, the burn rate accelerates.
Passive Income
A portion of every FEGtoken transaction is immediately and automatically reflected back to all FEGtoken holders. Yes, this means you earn more FEG just by holding FEG in your wallet. Passive income for everyone.
Governance Token
Being that FEGtoken is the governance token of FEGex, you can stake it there to earn multiple extra streams of passive income. In addition, SmartDeFi transactions buy and burn FEGtoken, accelerating the reduction of supply.
Multi-Chain
FEGtoken is available now on the Ethereum and Binance Smart Chain networks with two separate supplies. The upcoming bridge will effectively merge these supplies, while also distributing the existing supply across three new blockchains; Fantom, Polygon, and Avalanche. The number of FEGtokens in circulation will never increase.
Truly Decentralized
Ownership of the FEGtoken contract(s) was renounced at launch, giving the ultimate level of protection against malicious changes being made.
Liquidity Locked
100% of FEGtoken’s original liquidity is locked, giving security and peace of mind.BUY ON FEGexWhitepaper
The all-in-one DEX
This multi-chain DEX offers trading, wrapping, staking and lending from a single interface across five different chains and so much more.
Multi-Chain
FEGex currently supports the Binance Smart Chain and Ethereum networks. An expansion to Fantom, Polygon, and Avalanche is underway.
SmartSwap
Swing trade with world record low gas fees, zero tokenomic taxes, and send crypto discretely between SmartSwap addresses.
FWrapping
Wrap any non-RFI crypto to start earning passive income. Bitcoin, Ethereum, BNB, USDT, you name it. fWraps are an integral part of FEGex, applying positive price pressure on every trading pair.
Staking
Stake FEGtoken to start earning several tokens in return. fBNB, fETH, fUSDT, FEG and more. Because rewards are fWrapped, they automatically compound before and after you claim them.
Auto-Deployer
Use our point-and-click deployer tool to list your token for free on FEGex, or create a presale to generate liquidity. Your token can be tradeable and your community performing TA on our TradingView charts within minutes.
Gas-Rebates
Get paid to trade. Gas can be a barrier to entry and we want to remove as many of those as possible, so we refund a portion of your gas fee instantly back to your wallet on qualifying trades.