BABYDOGE Tops Binance Trending List as Community Burns 41T Tokens in 24 Hours

The asset sits above Shiba Inu (SHIB) on Binance trending list.

BabyDoge Coin (BABYDOGE) is currently topping the Binance list of trending tokens, towering over notable assets such as Shiba Inu (SHIB), Bitcoin (BTC), Terra Classic (LUNC) and Polygon (MATIC). The achievement further underscores the growing attention BABYDOGE is garnering among crypto proponents.

The official BABYDOGE Twitter handle drew public attention to the achievement a few hours ago.

Let’s goooo! #BabyDoge trending #1 over $Shib on #Binance altcoin list

Check it out here: https://t.co/zzchxFnHUs

— BabyDogeSwap.com LIVE (@BabyDogeCoin) February 8, 2023

Data reveals that BABYDOGE is sitting above SHIB on the list, which currently secures the second position. SingularityNET Token (AGIX) comes third, with BTC and LUNC, respectively, occupying the fourth and fifth positions. The term “BabyDoge Coin” is also trending on Twitter, with over 1.2K tweets in the last hour. This metric signals an upsurge in attention, as the asset captures the interest of investors looking for “the next big thing.”

Over 40.9T Tokens Burned in the Past 24 Hours

The BABYDOGE community has also consistently promoted the asset and contributed to developments to support its price movements. One such development is the burning campaign the community has sustained so far. A recent tweet from BabyDogeBurn reveals that up to 40.9 trillion tokens have been burned in the past 24 hours.

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In the past 24 hours, 40,907,481,911,974 (~$144,199) #BABYDOGE tokens have been burned. So far, 202,517,409,811,375,712 #BABYDOGE tokens (48.218%) have been burned from the total supply of 420,000,000,000,000,000. #BabyDogeCoin #BabyDogeArmy @BabyDogeCoin

— Burn BabyDoge (@babydogeburn_) February 8, 2023

Moreover, 963.7 billion tokens have been incinerated in the last hour, bringing total burns to a whopping 202.53 quadrillion tokens representing 48.22% of the asset’s total supply of 420 quadrillions. As the burn initiative picks up, the team has also shown their dedicated support, incinerating trillions of tokens on occasion, including the latest 682 trillion previously reported.

BabyDogeSwap Crosses $60M in TVL

Amid the surging bullish sentiments and increased social activity, BabyDogeSwap – the project’s native decentralized exchange (DEX) – has surpassed a total value locked (TVL) of $60M. The milestone is a testament to the DEX’s growing adoption rate amid the project’s increasing popularity.

We have passed $60 million total value locked on https://t.co/UAopqn3msj ! pic.twitter.com/tRt1oJ440X

— BabyDogeSwap.com LIVE (@BabyDogeCoin) February 8, 2023

Data from DeFi aggregator DefiLlama shows that the exchange’s TVL has surged by over 48% since January 1 to the current value of $60.17 million. The TVL started witnessing a gradual increase on December 26 and has since reached new heights, with no signs of slowing down.

Meanwhile, BABYDOGE is currently trading at $0.000000003387 as of press time, up 5.37% in the past 24 hours. The asset has gained by 136% in the last week, making it one of the biggest gainers among mainstream assets within the time frame.