SHIB Rival BabyDoge Achieves New Major Milestone and Asset Price Rises

SHIB Rival BabyDoge Achieves New Major Milestone and Asset Price Rises

Meme coin BabyDoge, a rival to the two largest meme cryptocurrencies by market capitalization size, Dogecoin and Shiba Inu, has reported via its official X account that it has obtained a major new listing.

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Meme coin BabyDoge, a rival to the two largest meme cryptocurrencies by market capitalization size, Dogecoin and Shiba Inu, has reported via its official X account that it has obtained a major new listing.

BabyDoge goes live on Toobit

In light of this listing, the price of the meme coin rose by almost 4% today. However, a small drop pushed it down and as of this writing, BabyDoge is changing hands at $0.000000001927.

BabyDoge has been listed on the Toobit crypto exchange, the 29th crypto trading platform, according to the CoinMarketCap scale. Currently, this exchange has a daily trading volume of $768,706,316 and more than 500,000 users worldwide. Now, BabyDoge has increased its exposure and liquidity in former Soviet countries (CIS member states), Europe, Turkey, Vietnam, Japan, MENA and South Korea.

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According to a tweet posted by Toobit about this listing, BabyDoge deposits opened on June 6. Spot trading started today at 8:00 am UTC and withdrawals will be available on June 8.

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BabyDoge Contract Resigned on Ethereum

Earlier this week, the BabyDoge team announced that it had taken a major step towards decentralization. The team decided, through a community vote, to give up BabyDoge token contracts on the BNB and Ethereum chains. This means that the team will no longer have control over the issuance of tokens on these networks and will not be able to add any changes to it, leaving it completely decentralized. The contract has already been abandoned on Ethereum and the team is still performing technical checks to do the same on the BNB chain for BabyDoge.

On May 30, the team officially made a proposal to the community to start implementing BabyDoge on the Solana chain “to improve transaction speed, reduce fees, and increase interoperability.”

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