As promised, Baby DogeCoin (BabyDoge) has finally burnt a whopping total of 50 Quadrillion tokens, worth $88,500,000 ($88.50M) from its circulation forever.
This massive BabyDoge burn comes after the community proposed to burn 50 Quadrillion BabyDoge on the Ethereum chain.
The team launched the community burn proposal on the event of the project’s first birthday, on June 2nd, 2022.
Shiba Inu’s rival, Baby DogeCoin (BabyDoge), Burns 50 Quadrillion of Baby Doge Coins from its supply on the Ethereum chain in one gigantic transaction. The transaction can be viewed on Etherscan.
We have burned 50 QUADRILLION #BabyDoge ! ???
Proof of burn: https://t.co/SnTarSUCs6
Giving away $500 in 24 hours to someone who likes and RTs this post ! pic.twitter.com/W9MLzPQGJR
— Baby Doge (@BabyDogeCoin) July 1, 2022
Baby Doge Coin says they are also celebrating the 1 year anniversary since Elon Musk mentioned BabyDoge in his tweet. This burn transaction is also marked as the record biggest burn transaction for any coin/token in the crypto space.
Today we’re not only celebrating 50 Quadrillion burn but also the 1 year anniversary since @elonmusk tweeted #BabyDoge !
The biggest blessing to thousands of people worldwide we are forever grateful! pic.twitter.com/GWYdkau61N
— Baby Doge (@BabyDogeCoin) July 1, 2022
Since the start of the New Year 2022, BabyDoge has been burning quadrillion tokens every month, but burning 50 Quadrillion coins in one go would be the first and monumental event for the meme coin community.
Till today, 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.
BABYDOGE is a digital currency that has a massive total supply. The cryptocurrency launched last year has a total supply of 420 quadrillion coins and a circulating supply of 159.2 quadrillion tokens.
BabyDoge Swap Launching Soon:
Following the footprints of Shiba Inu (SHIB), Baby Doge Coin confirms that they are going to launch their own decentralized BabyDoge Swap soon. The Team invites BSC tokens for partnership.
Our swap is launching soon and we're looking for BSC token teams to partner with !
We are the first swap to offer communities to have swap fees as low as 0% !
We offer the ability for projects to add staking & liquidity mining to their project on a self serve interface! pic.twitter.com/xqGMY4l5cD
— Baby Doge (@BabyDogeCoin) June 29, 2022
According to the team, BabyDoge Swap will be the first swap ever in a decentralized world that will offer communities the lowest fees possible as low as 0%.
Moreover, the BSC token projects would be able to add staking and liquidity mining to their project on a self-serve interface via the upcoming BabyDoge Swap.
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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