Meme currency Through its official X account, BabyDoge, a competitor of Dogecoin and Shiba Inu, the two biggest meme cryptocurrencies by market capitalization size, announced that it has received a significant new listing.
BabyDoge goes live on Toobit
The price of the meme coin increased by about 4% today as a result of this listing. But a little drop caused it to drop again, and as of this writing, BabyDoge is trading at $0.000000001927.
According to the CoinMarketCap scale, BabyDoge is now featured on the 29th-ranked cryptocurrency trading site, Toobit. At the moment, this exchange has over 500,000 users worldwide and a daily trading volume of $768,706,316. As of late, BabyDoge has increased its exposure to and liquidity in the MENA region, Europe, Turkey, Vietnam, Japan, South Korea, and the former Soviet nations (CIS member states).
In a tweet regarding this item, Toobit stated that BabyDoge deposits began on June 6. Today at 8:00 a.m. UTC, spot trading began, and on June 8, withdrawals will be possible.
BabyDoge contract renounced on Ethereum
The BabyDoge team declared earlier this week that it had made significant progress in the decentralisation process. The community voted and the team decided to give up on the BabyDoge token contracts on the Ethereum and BNB chains. This implies that token issuance on these networks will become fully decentralised, with the team losing all control over it and unable to make any modifications. The Ethereum contract has already been renounced, and the team is currently doing technical tests to do the same for BabyDoge on the BNB chain.
https://x.com/BabyDogeCoin/status/1798988716289225120
The team formally proposed to the community on May 30 to begin using BabyDoge on the Solana chain in order “to improve transaction speed, lower costs, and foster greater interoperability.”
