BabyDoge Coin is a decentralized meme project based on the Binance Smart Chain (BSC) to rescue dogs in need. The team behind the project aims to enhance the adoption of cryptocurrency and other concepts like NFTs, rewards, credit cards, and (https://www.coinbase.com/learn/crypto-basics/what-is-a-dex#:~:text=A%20decentralized%20exchange%20(or%20DEX,occur%20directly%20between%20crypto%20traders.&text=A%20decentralized%20exchange%20(better%20known,occur%20directly%20between%20crypto%20traders.). The official website of the BabyDoge Coin claims that the project offers facilities like live decentralized swap, credit cards for crypto payments, and the NFT marketplace.
According to the whitepaper of BabyDoge coin, the platform is community-based, which ensures trust and transparency. For maintaining transparency, The BabyDoge coin is audited by a third party. In addition, the whitepaper mentions that the developers do no rug pull. Rug pull is when developers create new crypto coins, increase the price, pull value out of them, and abandon these coins as their price drops.
The team of BabyDoge Coin also aims to launch the Baby Doge application on iOS and Android. The team's objective behind this is to enable users to purchase and send cryptocurrencies and exchange cryptocurrencies for traditional money. BabyDoge is the native token.) of the BabyDoge Coin project. Transactions with BabyDoge by the token holders result in more BabyDoge being added to their wallets.
BabyDoge Coin allows users to create and buy or auction their own NFTs. In addition, the platform enables users to donate a percentage for helping to save dogs. BabyDoge team aims to launch a merchandise store for the BabyDoge token holders to support the meme coin and utilize the revenue generated through their store for helping more dogs in need. Meme coin refers to a cryptocurrency associated with a joke or meme rather than being based on a serious theme.
BabyDoge is the token symbol of the BabyDoge coin. The token has a total supply of 420 quadrillion, out of which 125 quadrillion BabyDoge coins are burned. Burning cryptocurrency refers to the process of permanently removing a number of coins from circulation.
