BABYDOGE was launched in June 2021 and is the fastest growing cryptocurrency of its kind. A new cryptocurrency has been born by fans of the DOGE password online community. BABYDOGE impresses users by showing off its new transaction speed and cuteness. He is a deflationary, statically reflective reward holder, so more BABYDOGE is automatically added to your wallet with every transaction.

"BABYDOGE" was born on June 1, 2021, with the goal of becoming a purposeful decentralized meme project. "BABYDOGE" is a fun meme with a serious mission to rescue dogs in need, putting encryption adopted by mainstream Rewards (NFTS) decentralized exchanges and credit card encrypted payments on the site. In its first 21 days of life, BABYDOGE made history with more than 100,000 + holders.

"BABYDOGE" in the first 21 days of birth, "BABYDOGE" created a history of more than 100,000 + holders, BABYDOGE was born, its popularity is spreading in an exaggerated form, in the market once became a top flow star currency.

According to the white paper, 5 percent of each BabyDoge transaction will be redistributed to BabyDoge holders and 2.5 percent will be burned. In the token destruction mechanism, the project side originally planned to complete about 70 percent of the destruction plan within six months, and more than one-third of the coins have been destroyed. In BabyDoge's model, once investors sell, they have to pay more to buy back. This gives investors a big incentive to hold on to the currency for a long time. Under BabyDoge's reward mechanism for holding coins, investors who put BabyDoge coins into TokenPocket wallet can enjoy the right to share out dividends, which will stimulate more investors to choose not to sell. BabyDoge is an increasingly deflationary currency, with the cost of trading getting higher and higher through its buying and selling mechanism.

BABYDOGE is based on a decentralized community framework that promotes the long-term growth of ecosystems and ecosystem foundations to drive real app delivery and greater returns beyond any short-term trends.

It has great applications in philanthropy

BabyDoge is a deflationary currency

Binding Smart Chains (BSC) is a means of utilizing solid-based smart contracts with higher speed and efficiency than other competing chains. With BSC's decentralized exchanges, lightning-fast exchanges, and extremely low fees, BSC has begun to become one of the most widely used blockchains for decentralized Finance (Defi). The BSC uses a token protocol developed by the binding team called BEP-20

BABYDOGE uses 3 simple features: reflection +LP capture +Burn. On each transaction, the transaction is charged a 10% fee

BabyDoge is a currency with continuous deflation. Under the reward mechanism of BabyDoge Coin holding, investors who put BabyDoge Coin into TokenPocket wallet can enjoy the right to share out dividends

Under BabyDoge's reward mechanism for holding coins, investors who put BabyDoge coins into TokenPocket wallet can enjoy the right to share dividends. BabyDoge is a currency with continuous deflation, and the transaction cost will be higher and higher through its buying and selling mechanism.

BabyDoge is widely seen as the next iteration of the animal Meme currency. However, after three stages of development, Doge series currency has undergone qualitative changes. In the process of transmission from the Western project, the trend of "model currency" of BabyDoge and Doge series derived currency has been fully revealed. The main competitors are Doge and Doge series currencies.

There is a discussion in the community that BabyDoge's circulation is huge, the number of coins in BabyDoge's hands is growing, and as large investors choose to leave, more new investors will take over. In the face of rapidly increasing addresses, the relationship between funds and "dividends" needs to be balanced. If new funds cannot maintain the current price, BabyDoge will face a great risk of bottoming and failure. Therefore, the project side has to accelerate combustion to maintain the address increase and relatively healthy market value. What can be observed is that the overseas crypto community is very excited about this "model". Prior to Musk's tweet, BabyDoge had accumulated nearly 200,000 coin holding addresses, which was the result of the participation of the secondary market, project parties and early participants. This speed is also difficult to achieve for the previous overseas Meme currencies. The push for BabyDoge by overseas crypto communities continues, but it's unclear what the after-effects will be for investors who flock in.

Investors in the BabyDoge community have become familiar with the currency, giving it nicknames such as "BabyDog" or "Doggy." However, these nicknames may not be enough soon, as BabyDoge has been followed by copycats, and "model coins" from the West are rapidly multiplying. In addition to BabyDoge, Udoge, MiniDoge, Safe BabyDoge, Dance Doge, FatherDoge and other "dog families" are emerging in batches. These projects are all from overseas teams, mostly under the concept of "dogecoin" Meme. Different types of "old schema" are injected. MiniDoge, for example, has a 'deflationary model, convertible repo' model, while FatherDoge has concepts such as' 9% transaction tax, liquidity pool, marketing wallet '.

There is a discussion in the community that BabyDoge's circulation is huge, the number of coins in BabyDoge's hands is growing, and as large investors choose to leave, more new investors will take over. In the face of rapidly increasing addresses, the relationship between funds and "dividends" needs to be balanced. If new funds cannot maintain the current price, BabyDoge will face a great risk of bottoming and failure. Therefore, the project side has to accelerate combustion to maintain the address increase and relatively healthy market value. Investors in the BabyDoge community have become familiar with the currency, giving it nicknames such as "BabyDog" or "Doggy." In the first half of 2019, the concept of pattern coins emerged frequently. According to public information and media reports, mode coins can be understood as "coins created in a certain mode of play". Based on the public information at that time, its operation characteristics mainly include: 1. Model currency has no fixed mode: each currency can have its own set of modes, common modes include dividend mode, partnership mode, etc. 2. Model coins are sought after by hot money: Model coins are mostly small currencies, with low initial price, pull plate, fast launch speed, and a hype stunt. 3. The model currency is similar to the CX model: there are ways such as stratified pulling, encouraging investors to hold it for a long time and reducing the circulation in the market, often accompanied by dividends and high interest. After the model coin is sought after, each model coin has formed a marketing model with distinctive characteristics, and with all kinds of good news, to attract investors in a simple and crude way. In 2019, a large number of model coins mainly focus on node fixed deposit dividend, fission, resonance, project partnership and other marketing modes. In extreme cases, the model currency is almost equal to the capital plate, so once the market surges, it is very necessary to be cautious.

In some ways, BabyDoge is of speculative value, earning a certain amount of band profit on the trend of K line