The post Baby DogeCoin Price Surges 15% With Zero-Fee Strategy appeared first on Coinpedia Fintech News
Baby DogeCoin (BABYDOGE), one of the top dog-themed meme coins that thrived from Elon Musk’s tweet, rallied over 15 percent in the past 24 hours despite the general crypto bearish sentiment. With a fully diluted valuation of about $882 million, the small-cap meme coin saw its daily average traded volume triple to around $17 million.
What Influenced Baby Doge Coin Spike
The sudden spike in Baby DogeCoin was largely influenced by the overwhelming support of the new DAO proposal for 0 percent fees to transfer, buy, and sell on the BNB Chain. Remarkably, the DAO proposal received over 98.89 percent community support. As a result, BABYDOGE can now compete with other top-tier meme coins like Floki (FLOKI) and Solana-based projects in trading volume.
Exciting Update! An overwhelming 98.89% of voters have chosen in support of 0% fees, potentially enhancing your interacti
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