Baby Doge Coin Burns 100 Quadrillion Tokens Worth $200 Million in One Go

Shiba Inu’s rival Baby Doge Coin creates history by burning 100 quadrillion BabyDoge, valued at an estimated $200 Million, in a single transaction.

In a surprising move, Baby Doge Coin has burned a record-breaking 100,185,000,000,000,000 (100.18 quadrillions) BabyDoge tokens, equivalent to an estimated value of $200,370,000 ($200.37M) on multiple chains. Two transactions executed within the past hour reached this historic milestone.

BURN IS HERE #BabyDogeArmy ?

100 Quadrillion #BabyDoge burned on Ethereum !

A world record ?

Worth nearly an estimated $200,000,000 ?

Proof: https://t.co/mgna28BOl8

Additionally $370,000 worth were burned on BNB chain

Proof: https://t.co/mgna28BOl8 pic.twitter.com/48drMn6gq0

— Baby Doge (@BabyDogeCoin) June 1, 2023

Ethereum Chain

As per the announcement, Baby Doge Coin has set a world record by setting fire to 100,000,000,000,000,000 (100 quadrillions) BabyDoge, worth an estimated $200,000,000 ($200M) on the Ethereum chain in a single transaction executed about an hour ago.

This brings the total number of burned BabyDoge tokens on the Ethereum chain to 327,321,221,121,808,704 (327.32 quadrillions), worth $647,114,054 ($647.11M).

BNB Chain

At the same time, Shiba Inu’s rival executed another transaction on the BNB chain and got rid of an additional 185,000,000,000,000 (185 trillion) BabyDoge, worth $370,000.

The total number of burned BabyDoge tokens on the BNB chain now stands at 206,018,901,659,242,466 (206 quadrillions), worth $412,037,803 ($412.03M).

Despite the record burn, CoinGecko data reveals that the Baby Doge Coin still has a massive supply in circulation, equaling 156,124,856,092,293,492 (156 quadrillions) tokens.

The development doesn’t have an immediate impact on BabyDoge’s price. As of press time, Baby Doge Coin is trading at the price of $0.000000001952, down -2.40% over the last day with a 24-hour trading volume of $1,946,840 ($.1.94M).