Baby Doge Coin Price Prediction 2023-2030: Will Baby Doge Reach 1 Cent, $1?

Will Baby Dogecoin Reach 1 Cent? In theory, this is impossible but an active Burn program could make it a little more probable

Latest Baby Doge Coin Price

Latest Baby Doge News

Baby Doge announced that following the recent CoinEx exploit’s impact on its ecosystem, the community is reconfirming its support for the latest proposal that predates the exploit. Users have 5 more days to vote. The initial proposal received overwhelming support, with over 99% approval, and Baby Doge aims to reaffirm this community backing following the CoinEx exploit. Moreover, due to the reduced liquidity post-exploit, Baby Doge is considering a slight reduction in the planned 5Q burn from the liquidity pool, with some funds potentially coming from the Unicrypt token locker.
The Coinex platform was hacked recently, and about $2-$3 million worth of $BabyDoge was taken and is now being sold on another platform called Pancakeswap. Coinex claims they’ll pay back the lost money, and reimburse their users.
- Latest Progress on hack: CoinEx halted crypto asset deposits/withdrawals and shut down their hot wallet server. They moved remaining assets to secure addresses and are now rebuilding their wallet system. Investigations are underway, and they’re collaborating with other exchanges to freeze malicious attackers’ assets.

Baby Doge Burn Stats:

In the past week, there has been a burn of 194.5 trillion Baby Doge Tokens, representing 8.1% of the total supply. This amount is equivalent to $198,609.
Till date, 49.738% Baby Doge Tokens have been burned from total supply of 420,000 Trillion.

BabyDoge Buy or Sell, Crowd Poll (New)

Net Buy Rating = Buy% – Sell%

September 9th: +50.0%
September 14th: +56.4%
September 18th: +56.4%

Baby Doge Coin Price Prediction: Is Baby Dogecoin a Good Investment?

BabyDoge Coin (BABYDOGE) is a cryptocurrency token that operates on the Binance smart chain and focuses on charity by aiming to rescue dogs in need. It rewards holders by adding more BABYDOGE to their wallet every time another user completes a transaction. The project has a charity wallet that donates 2.2% of the total supply of the coin to Baby Doge Coin’s charity partners.

It is designed to be faster and has a hyper-deflationary design for scarcity
The project has launched Baby Doge Swap for token swaps and a collection of NFTs that can be traded on OpenSea.
By owning Baby Doge Coin, token holders receive reflections, which are a share of the fees charged on every transaction, resulting in passive income.

Baby Dogecoin Price Performance

Year to Date (2023): +17.4%
Last 12 Months: -13.6%

Baby Doge has a presence both in NFTs and DeFi. At best it can be classified as a Moderate case for investment. However, this is not recommended as a long-term hold and therefore the timing of purchase becomes too critical and unpredictable.

Baby Doge Price Prediction: Will Baby Doge reach 1 Cent and $1?

Baby Doge will have to rise 2.75 million times to reach 1 Cent. At 1 Cent, Baby Dogecoin’s market cap will be worth $1052 Trillion. These are impossible targets. That said, Baby Doge has an aggressive burn program, and assuming that 90% of the tokens will be burnt, many of these targets will become a little more reasonable if not certain.