Baby Doge Coin (BabyDoge) could be the latest meme coin craze to explode in value.
BabyDoge has captured the imagination of the crypto community, establishing a large, loyal community and exciting investors across the board.
This article explains what Baby Doge Coin is, its investment prospects, and whether or not you should buy some right now.
Scroll down to get things started by finding out the best place to buy Baby Doge Coin online.
How & where to buy BabyDoge coin today
If you want to invest in BabyDoge, or any other cryptocurrency, we recommend signing up to a crypto broker, searching for the coin you want to buy, entering the number of coins you want to hold, then executing your transaction.
Here are our two top picks:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.
What is Baby Doge Coin?
It is a cryptocurrency project that runs on the Binance smart chain. It is the son of Dogecoin, a popular meme coin that has repeatedly surged in price thanks to tweets from Elon Musk.
Baby Doge has an edge over Dogecoin thanks to faster block times (5 seconds vs 60 seconds), reduced gas fees and increased ‘adorableness.’
In addition, holders of BabyDoge will regularly have their wallets filled with more coins thanks to a 5% fee on every transaction using the network.
Should I buy BabyDoge?
This is essentially a pure meme coin with very little in the way of fundamental value, but that didn’t stop its father, Dogecoin, from producing remarkable returns.
If you are risk-tolerant and can afford to lose the money to are investing, Baby Doge Coin could be a lottery ticket work purchasing.
The post Baby Doge Coin is the latest hot cryptocurrency project appeared first on Coin Journal.