Self-proclaimed Dogefather Elon Musk, also known as the Tesla and SpaceX CEO, tweeted today about Baby Doge, a Dogecoin spinoff, and helped jack up its price by as much as 130%.
“Baby Doge, doo, doo, doo, doo, doo,” tweeted Musk in an apparent reference to the Baby Shark Dance, a children’s song, and YouTube’s most-viewed video with 8.8 billion hits.
Baby Doge, doo, doo, doo, doo, doo,Baby Doge, doo, doo, doo, doo, doo,Baby Doge, doo, doo, doo, doo, doo,Baby Doge
— Elon Musk (@elonmusk) July 1, 2021
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
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