The Twitter account @babydogeburn_ reported that in the last few hours, 2.018.896.967.261 Baby Doge Coins have been removed from the total circulating supply. The cryptocurrency was burned in three transfers of 876.668.446.039, 802.206.663.474 and 341.857.169.748 coins, which together are worth $3.372.
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876,668,446,039 (~$1,455) #BABYDOGE tokens burned from the total supply in the past hour. #BabyDogeCoin #BabyDogeArmy— Burn BabyDoge (@babydogeburn_) June 25, 2022
With the regular burning of tokens, the BabyDoge community hopes to reduce the supply in circulation to the point where the meme currency becomes scarce and this would help its quotes to rise significantly.
So far, BabyDoge meme coins are being locked in wallets that cannot be spent and the same situation is happening with the second largest meme cryptocurrency, Shiba Inu. Your community has been holding daily and weekly fires for the past year, however it has yet to positively impact the SHIB price🇧🇷 Meanwhile, according to data shared by the CoinMarketCap, in the last 24 hours, the price of BabyDoge has risen by more than 13%. The asset is now changing hands at $0,000000001699.
