BabyDoge Soared 34% Following Announcement of Top 10 Exchange Listing.
The mystery exchange was recently revealed to be Bybit, the sixth-ranked exchange in the world, per data from CoinGecko.
BabyDoge Coin (BABYDOGE) rallied by 34.7% a few hours after the asset’s official Twitter handle announced an upcoming listing from a top 10 exchange. The team kept the exchange a mystery despite circulating speculations from the community on which exchange it was. Notwithstanding, this did little to hamper the asset’s uptrend.
The sharp price surge was highlighted by popular price-tracking resource CoinGecko in the early hours of today. Information from a tweet shared shows that BabyDoge soared to a high of $0.000000002886 before its uptrend lost steam. CoinGecko implied that the listing announcement was one of the factors that fueled the surge.
LATEST: #BABYDOGE rose 34.7% after an announcement by @BabyDogeCoin of its new listing on a top 10 #cryptocurrency exchange.
?: https://t.co/apf6Sz1H3E pic.twitter.com/tPpX8uKokK
— CoinGecko (@coingecko) March 31, 2023
The local top of $0.000000002886 marked an 87% increase in the asset’s price in the past two months. The last time BabyDoge saw this price level was on Feb. 24. Despite a slight drop from the territory, the asset maintains an 18.4% gain in the past 24 hours, currently trading for $0.000000002712 at the time of reporting.
Shortly after the latest price upsurge, the BabyDoge team disclosed that the top 10 exchange in question is the Singapore-based crypto exchange Bybit. The platform is ranked sixth among the global top 10 exchanges by CoinGecko.
Our newest exchange listing is @Bybit_Official !
Bybit is ranked #6 in the world overall
Headquartered in Singapore exposing #BabyDoge to millions of users and institutions across Asia and 160+ countries
Bybit holds over $3 billion of assets and has a proof of reserves ? https://t.co/gsKs5XaUMf pic.twitter.com/evpxP8Gjwh
— BabyDogeSwap.com LIVE (@BabyDogeCoin) March 31, 2023
ByBit announced that they plan to list the asset on April 4. Furthermore, to commemorate the development, the platform disclosed plans to hold two events through which they will reward the community with a total prize pool of 32 trillion BabyDoge tokens.
? #Bybit is excited to announce the upcoming listing of $BABYDOGE on our Spot trading platform! @BabyDogeCoin
We have prepared 2 events with a total prize pool of 32 trillion $BABYDOGE just for you.
? Listing on Apr 4, 2023.
Find out here: https://t.co/OSXXhCdhCL pic.twitter.com/t19lTbdQML
— Bybit (@Bybit_Official) March 31, 2023
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