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HomeCrypto NewsMarketBaby Doge Coin (BabyDoge) Burns Another 1 Quadrillion Tokens Worth $1.3 Million

Baby Doge Coin (BabyDoge) Burns Another 1 Quadrillion Tokens Worth $1.3 Million

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1 Quadrillion Baby DogeCoin (BabyDoge), worth $1.3 million, burned.


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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.

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.

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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.

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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