Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Casual on July 02, 2021, 04:03:14 AM
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Dogecoin and Shiba Inu have a new doge rival competing for Elon Musk's love. Baby Doge—a baby cryptocurrency that’s only 22 days old—is currently trading for $0.000000001516. That is to say, it’s worth fractions upon fractions of a penny. But its price is also up 549.5% since its inception, according to CoinGecko data. But what is Baby Doge and how does it differ from the original canine cryptocurrency, Dogecoin?
Baby Doge shares much of the symbolism with Dogecoin but has nothing to do with it on a technical level—it’s not a spinoff in that sense. Dogecoin is a cryptocurrency that exists on its own blockchain network (also referred to as “Dogecoin,” not unlike Bitcoin and Ethereum.) Baby Doge is a token that runs on top of another blockchain's infrastructure.source (https://decrypt.co/75023/what-is-baby-doge-why-elon-musk-pumping-dogecoin-knockoff)
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i know Elon Musk tweet ( baby doge doo ) i think just Elon Musk again pump dogecoin.
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The Doge But perhaps Musk’s interest in Baby Doge isn't necessarily rooted in technical details. Last week, Elon Musk got a Shiba Inu puppy named Floki, and so he may well be partial to baby versions of Dogecoin these days.
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Now the picture is more or less settled, in relation to speculation
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And many times cryptocurrency are always speculated, this we must understand. Doge has made a very huge impact on the crypto space being a meme coin, a situation that had lead to many meme crypto coming onboard like Babydogecoin, Floki Inu, safemoon etc.
In addition, Elon personally has interest on dogecoin, and with his big community of followers, he has been able to promote dogecoin. In a nutshell, Elon love dogecoin.
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Baby Doge is a good coin and i don,t know why the Elon Musk will pump the coin because this time so many peoples will now invest the the dogecoin and they think that it go high but with their investment the coin go high day by day and touches the sky.
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If these are 20 cryptocurrency wallets that hold most of Doge, then 20 holders are apparently waiting for the pump to sell. With the next halving of bitcoin, there will be a pump, then part of it will be sold. But the second option matters, namely from Elon Musk, this is the raising of the Doge's course. Let's see how it will look, but I think very soon. Elon Musk wants the Doge to be sold, by the 20 holders themselves.
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Baby doge is just another meme coin and there is no correlation between baby doge and Elon Musk.. I think it was just coincidence, we all know that Elon loves dogecoin and once he tweets about the dog then there will be an increase of some doge meme coins.
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I also have a few BabyDoge tokens and I see the reflection of this BabyDoge token in the form of a similar coin and every day it continues to grow in my wallet and this is really amazing just being a holder is already profitable.
I think in the future BabyDoge this coin will continue to provide super uniqueness and it is certain that with this type of reflection coin it is very easy for the holder to seek profit.
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BabyDoge if you look at the coinmarketcap, it must be there and the mockup is also quite large and maybe this is even better for us to analyze because it is very dangerous if we immediately buy BabyDoge coins without knowing what the coins are used for.
I'm also sure that BabyDoge must have been developed to become a coin like DOGE, which is a ridiculous coin that everyone is interested in. lol
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As far as I know Elon Musk only supports Doge and nothing else, but I don't know that now Elon also supports Baby doge. If that's true, this is a good opportunity to buy a bunch of doge before the price hits the moon. Elon Musk can sometimes surprise the coins he supports, let alone Baby Doge, Bitcoin can fly if there is good news from Elon Musk.
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There are too many Meme coins in the cryptocurrency space so I also feel confused if I have to check all of them and this makes me feel very foreign to hear Baby Doge coins.
Maybe some people will know the best for their Meme coins but I'm sure that they are also very thoughtful to anticipate that there will be no dump on Baby Doge coins and this is something that is very natural if we are in the cryptocurrency space.
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There are too many Meme coins in the cryptocurrency space so I also feel confused if I have to check all of them and this makes me feel very foreign to hear Baby Doge coins.
Maybe some people will know the best for their Meme coins but I'm sure that they are also very thoughtful to anticipate that there will be no dump on Baby Doge coins and this is something that is very natural if we are in the cryptocurrency space.
you're right mate, it's not just meme coin that seems to have circulated a lot, maybe even every day it will continue to appear. but this is certainly very good if indeed coins that appear continuously can excite the crypto market which really needs it at this time, but it appears that it is only modest and disappears again in its development. In situations like this, it's definitely not advisable to hold meme coins, whether it was a shocking coin yesterday, by the actions of Elon Musk, it's better to be patient and wait for the situation to recover.
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Yes, that's true. In my opinion, Baby Doge is a meme token that supports other network blockchains, so it's clear that Baby Doge is not a fraction of Doge Coin. Interestingly, Baby Doge also has a lot of fans so that it can compete with Doge Coin.
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Dogecoin is one of the best coin in the crypto market and the Elon musk will buy this coin on a huge amount and that is the main reason that it will go high and he just tweet and the peoples are starting to buy this coin regularly and the price of this coin go high day by day. Elon is a businessman and he knows better that on what time the market go high and on what time it will be down.
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Baby Doge may be a coin that will later become a unique choice like the DOGE price in 2017 back.
Because DOGE in 2017 was very low in value and so very cheap and many people put DOGE coins aside.
At this time Baby Doge will be a special replacement for DOGE coins and has a uniqueness such as its support for EVM, Founder Anonymous and has a lot of communities around the world.
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For Meme, DOGE is still the best project. Shiba has been slowly forgotten and other memes will not even be mentioned in 2022. The madness of the meme has not been repeated as it was in 2021, this is winter and the economic downturn is causing investors to invest. invest in USD instead of buying meme.
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The success of Dogecoin through Elon Musk frequent twitter promotions has lead to the creation of many Meme coins, the list of these Meme coins has become very large. Baby Dogecoin was as a result of Dogecoin the popularity and success of the Dogecoin and I don’t see baby Dogecoin making much impact on the market since there are already many mimic Meme coins likened to Dogecoin. Baby Dogecoin is a new MEME coin created like the joke Meme coin but less is popular.
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For Meme, DOGE is still the best project. Shiba has been slowly forgotten and other memes will not even be mentioned in 2022. The madness of the meme has not been repeated as it was in 2021, this is winter and the economic downturn is causing investors to invest. invest in USD instead of buying meme.
Thats the point an experienced traders follows the rule of " A trend is your friend " . And we need to invest in fundamentally strong projects for long term investment point of view , and after trend gone the project will forget as Mate tells .