BabyDogeCoin (BabyDoge) Skyrockets 1,000% in Volume Amid Price Jump

As a seasoned researcher with a penchant for all things crypto, I must admit that the recent surge of BabyDogeCoin (BabyDoge) has piqued my interest. With its astronomical 1,330% increase in trading volumes and a corresponding price jump of nearly 55%, this meme coin built on the BNB chain is certainly making waves in the crypto sphere.


In simple terms, the entertaining cryptocurrency known as Baby Doge Coin (BabyDoge) has seen an astounding rise of over 1,300% in its trading activity, which has also led to a notable upward trend in its value.

Based on information from CoinMarketCap, the daily trading volume of this token surged dramatically in the past day, reaching more than $105.27 million.

In this timeframe, an increase in trading activity (volume) coincides with a significant rise (approximately 55%) in BabyDoge’s value. This surge in activity indicates that investors are taking advantage of the price surge by purchasing more, thereby exerting additional pressure on the token to climb higher.

Currently, as I speak, BabyDogeCoin is dominating most meme coins, which are generally experiencing a downtrend. In the past 24 hours alone, it has surged by an impressive 53%, reaching a value of $0.000000001604. Over the last week, its performance has been even more remarkable, rising by 73%.

The recent surge in price and volume comes as BabyDoge achieves a new listing on Binance.

Binance announces new BabyDogeCoin listing

On their official channels, Binance has declared that BabyDogeCoin will be available for trading on multiple platforms such as Binance Simple Earn, “Buy Crypto,” Binance Convert, Binance Margin, and Binance Auto-Invest. This includes popular meme coins NEIRO and TURBO as well.

As per the announcement from Binance, the meme token BabyDogeCoin (1MBABYDOGE) is set to be listed on Binance Simple Earn starting September 16 at 10:00 a.m. UTC. This means it will join other meme tokens on the platform and will be open for subscription from that date.

Starting September 17th, at 10:00 a.m. (UTC time), users will have the opportunity to buy 1MBABYDOGE through any of the payment methods available on Binance’s Auto-Invest feature.

As a crypto investor, I’m excited to learn that Binance Margin is introducing 1MBABYDOGE as a new borrowable asset starting September 16 at 11:00 a.m. (UTC), available for both Cross and Isolated Margin trading. Additionally, the platform will also offer the 1MBABYDOGE/USDT pair on Cross and Isolated Margin. This means I’ll have more opportunities to diversify my portfolio with Dogecoin-based assets!

On September 16th at 11:35 a.m. (UTC), Binance Futures will introduce the 1MBABYDOGEUSDT Perpetual Contract, aiming to broaden the range of trading options and improve user’s trading journey. This contract offers up to 75 times leverage.

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2024-09-16 17:41