Thursday, September 29, 2022
HomeCrypto NewsMarketOn First Birthday Babydoge Burnt 3 Quadrillion Coins Worth $5M With 50...

On First Birthday Babydoge Burnt 3 Quadrillion Coins Worth $5M With 50 Quadrillion Burn Party Upcoming

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Babydoge is celebrating its birthday with massive burning.

On the 1st Happy Birthday Celebration, Baby DogeCoin (BabyDoge) Sent 3 Quadrillion BabyDoge, worth $5,100,000 ($5.10M), To Dead Wallet and Will Soon Conduct a “50 Quadrillion Burn Party.”

Baby doge celebrates 1st Birthday by permanently removing a whopping total of 3 Quadrillion BabyDoge tokens worth $5,100,000 ($5.10M) from circulation in one significant transaction.

The BabyDoge team shared a transaction link as a “Proof of Burn” with its community following the burn.

Baby Doge Coin team doesn’t stop here. To make the day more special, the team behind the token launched the community proposal on the snapshot to burn a whopping 50 Quadrillion BabyDoge tokens on Ethereum.

BabyDoge has given the right to vote to the community and made the following three options available to choose from:

Option 1: Yes, Burn Them All at Once

Option 2: Yes, Burn Them Over 2 Months

Option 3: No Save Them

As per the recent update shared by the official Twitter handle of BabyDoge, over 1.5 quadrillion vote has been cast. Out of which, over 90% of votes were cast in favor of burn. However, the poll is still live and will reportedly end on June 28th.

This is not the first time BabyDoge has sent such a massive amount of BabyDoge tokens to the dead wallet. Since the start of the New Year 2022, BabyDoge has been burning quadrillion tokens every month.

Formerly, Baby DogeCoin has burnt 5 Quadrillion Coins worth $11.50 million in January, 4.8 Quadrillion tokens worth $20 million in February, 4 Quadrillion tokens worth over $12.80 million in March, 3.2 Quadrillion tokens worth over $10 million in April, and 4 Quadrillion tokens, worth over $6.8 million in May.

This means, including the latest 3Q burn, BabyDoge has sent a whopping total of 24 quadrillion canine-themed meme tokens worth over $66.2 million to the dead wallet in six months. As per data provided by CoinGecko, the current circulating supply of BabyDoge stands at 159,278,394,658,793,747 (159.27Q).

Besides this, BabyDoge is leading all the popular canine-themed cryptocurrencies from the front in terms of holders. As per BscScan data, 1,560,098 (1.56M) unique wallet addresses hold BabyDoge, whereas, reports that only 1,173,687 (1.17M) unique wallet addresses own Shiba Inu.

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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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