- BabyDoge is a very popular meme coin with having 1.35 million holders.
- BabyDoge is a hyper-deflationary token and claimed itself as an improved version of DogeCoin.
- BabyDoge is a hyper-deflationary token and claimed itself as an improved version of DogeCoin.
On Feb 1, 2022, BabyDoge Coin burned over 4.8 Quadrillion BabyDoge Tokens estimated at almost $20 million. The Transaction was made through the Binance wallet to the null wallet and the team also shared a link as a “Proof of Burn”.
Bsc Scan BabyDoge Coin Burn Data:
According to BSC data, 4800,000,000,000,000 BabyDoge Coins worth $19,680,000.00 has transferred from 0x67cc0809c5fd43a63f6dac0b341b4de2a190b0fd to null wallet with a transaction fee of 0.00182388 BNB.
The Coins transferred into the null wallet were now out of circulation and have been burned successfully by BabyDoge Team to increase Coin Value. This process is very important for any coin to improve its Coin value because the value of Coins depends on less circulation.
Like Shiba Inu, Team behind BabyDoge continuously works on the burning process of BabyDoge Coin to increase the Coin value and Token Price.
When BabyDoge Launched it has a total Supply of 420 Quadrillion with time to time they burn Tokens as much to increase the Coin value and now it has a circulation supply of around 156 Quadrillion BabyDoge Coins left.
Also on the eve of New Year BabyDoge Coin team burned over 5 Quadrillion Tokens and also upload proof of burn-in their Twitter handle.
