1 Quadrillion Baby DogeCoin (BabyDoge), worth $1.3 million, burned.
Baby Doge Coin recently organized its scheduled “Monthly Burn Event” for the month of August and sent 1 Quadrillion Baby DogeCoin (BabyDoge) to the “inferno” address in one significant transaction. The estimated worth of these tokens is reported to be $1.3 million.
— Baby Doge (@BabyDogeCoin) August 1, 2022
Since the start of 2022, this is the 10th time Baby DogeCoin has permanently removed a quadrillion of BabyDoge tokens from its massive circulating supply.
As reported by The Crypto Basic The biggest Burn Event in the history of crypto space was held by the BabyDoge’s team on the occasion of 1st Anniversary when a whopping 50 quadrillion BabyDoge, worth $88.50 million, were burned successfully through one magnificent transaction.
Following these Monthly Burn Events, BabyDoge has shrunk its initial supply of 420 quadrillion tokens to 159.27 quadrillions in the past eight months, as per CoinGecko.