BabyDogeCoin has surpassed ShibSwap in TVL with 140%+ gains the past month and is featured on Binance Exchange News feed. BabyDogeCoin is a meme coin, inspired by the progressive imprints of the Dogecoin project — Elon Musk hinted on creating a crypto payment gateway on Twitter which many Doge enthusiasts speculate a favorable trend for the Doge Ecosystem. BabyDogeCoin burned $208,266.01K in 24 hours, $70,000 more in seven hours.
BabyDogeCoin recently launched the BABYDOGESWAP, the new initiative made a big impact in the decentralized finance (DeFi) space on Binance Smart Chain (BNB). With its Total Value Locked (TVL) reaching new heights, the memecoin’s decentralized exchange (DEX) has now surpassed its previous all-time high and has quickly become a prominent player in the DeFi space.
Part of the reason behind Baby Doge Swap’s popularity is the trend of MemeFi, where major memecoins such as Shiba Inu and Floki are leveraging their popularity to promote their utility-focused products. As a hyper-deflationary system that increases its scarcity and liquidity, Baby Doge Swap aims to build a fun meme community while promoting awareness of animal adoption.
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Baby Doge Swap has proven itself to be a strong player in the DeFi space, hitting a new all-time high and quickly climbing the ranks to become one of the top-15 DEXes on Binance Smart Chain. Its recent success is a testament to the growing trend of MemeFi and the potential of memecoins to make a real impact in the DeFi landscape.
Following its Swap launch, BabyDoge is trending on CoinGecko and has entered into the top 100 cryptocurrencies in the world now #93 on global crypto rankings.
How high will BabyDogeCoin go for it to be listed on Binance? Many BabyDoge enthusiasts are skeptical on what CZ-Binance will do as to the rising volume and milestone the token has achieved in the last years.
