10 lakh crore Baby Doge coins wiped out in 24 hours, tremendous jump in price

Billions of Shiba Inu tokens have been burned in the past few months, but still the price of this mime-coin does not seem to be improving. However, there is also a mime coin, whose price has had a tremendous effect of burning and its value has increased by 14 percent. We’re talking BabyDoge. A Twitter account tracking the burning activity of this token has reported that billions of BabyDoge tokens have been transferred to the dead-end wallet in just 24 hours.

Burn BabyDoge (@babydogeburn_) had informed through its Twitter handle on Tuesday that more than 10 lakh crore BabyDoge tokens have been burned in the last 24 hours. Talking about the exact number, a total of 10,418,636,106,169 tokens have been burned. These are locked in wallets which have been shifted to dead end wallets According to the tweet, the total value of these tokens at the time of this transfer was more than $17,743 (approximately Rs 14 lakh).

According to CoinMarketCap, the BabyDoge coin was at $0.00000001658 on June 27th, but after the massive burning on June 28th, the coin was trading at $0.00000001824, which is a huge increase.

The tweet further states that so far about 47 percent of BabyDoge’s total supply – 420 quadrillion (4.2 Lakh Trillion), i.e. 196,123,244,745,404,192 has been burned.

The total market cap of Baby Doge Coin is currently $189,970,465 (approximately Rs 150 crore). Data from CoinMarketCap shows that the coin’s trading volume has also increased by 41 percent in the past 24 hours. It currently has a trading volume of $10,876,251.

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