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HomeCrypto NewsMarketBabyDoge Flying Against The Wind, Here’s Why Baby Doge Coin Soars Over 31% In 24 Hours

BabyDoge Flying Against The Wind, Here’s Why Baby Doge Coin Soars Over 31% In 24 Hours

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Two factors are driving Babydoge price like crazy.



Baby DogeCoin (BabyDoge) recently hit another major milestone, as Huobi Global, the world-leading Bitcoin trading platform, officially listed BabyDoge on February 18, 2022.

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Following the listing news, the 24-hours trading volume for BabyDoge touched the moon, showing an increase of a whopping 456.55% to $56,604,273.93 (56M) compared to the previous trading day.

With the increase in trading volume, Baby DogeCoin managed to show eye-popping gains of over 31%, currently trading at $0.000000004099 in the last 24 hours, as per data provided by CoinMarketCap. BabyDoge is about to break its downtrend, which started a month ago on January 16, 2022, after registering its all-time high price (ATH) of $0.000000006345.

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The listing on Huobi Global also provides an opportunity for new whales to come on board. This fact can be proved by looking into WhaleStats recently released data which claims that BabyDoge is now back on the “top 10 purchased tokens” by 1000 biggest Binance Smart Chain (BSC) whale wallets in the last 24 hours. The aggressive whales buying is helping Babydoge price.

Just before this massive listing, on February 17, BabyDoge surpassed 1 Million followers on Twitter. Baby DogeCoin is also preparing to enter the Metaverse. Babydoge is also leading all meme coins in terms of holders. Babydoge has 1,416,499 (1.4M) unique wallet addresses while Shiba Inu stands at 1,179,514 (1.1M), Whereas, Dogecoin has only 563,482 (563K) holders right now.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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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.

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