Saturday, November 26, 2022
HomeCrypto NewsMarketBaby DogeCoin 1.3M Holders Strive To Resolve Supply Verification Issue With CoinMarketCap

Baby DogeCoin 1.3M Holders Strive To Resolve Supply Verification Issue With CoinMarketCap

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Baby DogeCoin (BabyDoge) has once again requested CoinMarketCap (CMC), the world’s top crypto-asset tracking website, to look into their supply verification issue, which they have been experiencing for more than six months from now.



According to BabyDoge, the team has already submitted several inquiries to the CMC team about the issue, but they are not responding. BabyDoge now has more than 1.3 million-plus holders, and they all seek CMC help to resolve ongoing supply verification issues.

Coingecko has already verified BabyDoge’s supply and verified its current market capitalization. Following the supply verification, Coingecko ranked BabyDoge as the 116th biggest cryptocurrency globally in terms of market capitalization.

According to Coingecko, the current market cap of the token stands at $787,812,546, with 164 Quadrillion BabyDoge tokens in circulation.

However, CMC data is no different from that displayed on Coingecko but hasn’t received a “Verified Badge” from the CMC website until now. BabyDoge is ranked at #2843 on the CoinMarketCap’s official website. The verification from CMC is considered vital as it will increase legitimacy, improve the ranking of the project, and can gather more investors’ attention in the future.

The tweet was posted by BabyDoge’s official Twitter handle soon after Floki Inu’s maximum supply issue was resolved, as CMC verified their market capitalization.

On December 25, Crypto.com CEO Kris Marszalek strongly criticized CoinMarketCap for providing incorrect information via tweet following Cryptocom CEO BabyDoge also posted a complaint that CoinMarketCap refuses to verify their supply and demand for a more decentralized version of CoinMarketCap.

Baby Doge Coin’s price is tanking more than 19% at the time of writing and is trading at the price of $0.000000004808 per token. The overall crypto market begins bleeding; read in detail why the crypto market is falling so quickly.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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