573 trillion Baby Doge Coin (BabyDoge) burned in massive transactions
More than half a quadrillion BabyDoge have been burned in the last 24 hours, according to Burn BabyDoge, after the BabyDoge team and community began on a large token burn.
In the last 24 hours, 573,504,926,643,400 BabyDoge tokens worth $1,486,525 have been burned, according to Burn BabyDoge.
Proof of burns:
— BabyDogeSwap.com LIVE (@BabyDogeCoin) April 1, 2023
This has increased the quantity of overall supplies burned. Thus far, 204,860,147,437,640,768 BabyDoge have been destroyed, representing 48.776% of the initial total supply of 420 quadrillion tokens.
The Baby Doge Coin team deconstructs the enormous burn figure. The team burnt 257 trillion BabyDoge coins worth around $668,000 in total. Later, in a single huge transaction, another 310 trillion BabyDoge worth $806,000 were transmitted to dead wallets.
The official Twitter account released evidence of the burn transactions on BscScan. It should be noted that Baby Doge Coin confirmed that it would burn five BabyDoge for every token burned via the burn portal, which launched in mid-February.
According to it, the community burned almost 51 trillion BabyDoge through the burn portal. The BabyDoge team matched the community’s efforts with a five-fold burn, totaling 257 trillion BabyDoge. Since 2023, quadrillion tokens have been burned.
At the end of March, BabyDoge announced that quadrillions of tokens had been burned since the start of the year. It claims 3,638,488,857,435,276 worth $9,660,188 were burned in the last three months.
BABYDOGE/USD 4-hour chart | Source: TradingView
In other good news, BabyDoge trading is set to begin on the fifth-largest cryptocurrency exchange Bybit on April 4, 2023. At the time of writing, the price of Baby Doge Coin was $0.000000002652, down 2% in the previous 24 hours and 17.46% in the previous seven days.
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