2024

Baby Doge Coin

Coin

Trillion

<ul>
 <li><strong>Baby Doge Coin burns $154k worth of tokens in a month.</strong></li>
 <li><strong>The bearish trend persists amid a 25% price dip in the past month.</strong></li>
</ul>
<p>As we step into the second month of 2024, major discussions around memcoins seem to be dwindling in the market. Nevertheless, the memecoin community is steadily growing, hinting that the days of wild returns for <a href="https://thenewscrypto.com/top-5-new-memecoins-with-100x-potential/" rel="noopener noreferrer nofollow">memecoin</a> bulls may not be too distant. Talking of it, the prominent Baby Doge coin executed a burn of 139 trillion worth worth $154K of Baby Doge this month, demonstrating an active commitment to its user base.</p>
<div align="center">
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr">Much Wow <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f436.png" alt="🐶" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>139,000,000,000,000 <a href="https://twitter.com/hashtag/Babydoge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Babydoge</a> was burned this month from user volume <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Proof of burn: <a href="https://t.co/NHxL4RPr1z" rel="noopener noreferrer nofollow">https://t.co/NHxL4RPr1z</a> <a href="https://t.co/CWpY5RKEtF" rel="noopener noreferrer nofollow">pic.twitter.com/CWpY5RKEtF</a></p>— Baby Doge (@BabyDogeCoin) <a href="https://twitter.com/BabyDogeCoin/status/1753204559571235318?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 1, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div>
<p>Despite the burn, Baby Doge experienced bearish trends in the past month, with a 25% dip in its value. However, in the last 24 hours, the coin has seen a 1% surge, currently trading at $0.000000001117. During the same period, the trading volume has decreased by 0.74%, settling at $2.41 million.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/tmxDDzU0QKvdqiK7uUaxD5H04H1B8noS8pHiMZcvYyMHImlAqxCLQ_x1NrFDtKo1XIuJAfggd-xKmhotkFEYhFQfaA5OkwW4CxElk11-sd0ariRVkp-pppWHEH1hFWbxfDdunGSULpYR_5yLw1RYrqI" alt="">
  <figcaption class="wp-element-caption">
   BabyDoge Price Chart, Source : CoinMarketCap
  </figcaption>
 </figure>
</div>
<p>Analyzing the <a href="https://coinmarketcap.com/currencies/baby-doge-coin/" rel="noopener noreferrer nofollow">price</a> movements of Baby Doge presents a bearish outlook. The 9-day exponential moving average (EMA) is currently positioned above the trading price at $0.000000001131. The scenario suggests that if the bulls assert their strength, the price may decrease to $0.000000001051 if the bears dominate.</p>

Baby Doge Coin Executes Massive Burn of 139 Trillion Tokens

TheNewsCrypto

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