Where to buy Baby Doge Coin (BabyDoge), which doubled its price after the sharing by Elon Musk and how much did Baby Doge Coin earn?
The adventure of Baby Doge Coin, which started with a quote to a song by Elon Musk, continues. Here you will find answers to all questions such as how much BabyDoge invested in the last 24 hours.
How to Buy Baby Doge Coin?
First of all, we need to remind you that the crypto asset we will talk about is a token produced in the BSC network. In other words, anyone can produce their own Baby Doge Coin at a very small cost. The fact that token production has become so easy recently has led to the emergence of many scam projects. You should know that assets such as Baby Doge Coin, which are created at low costs in the BSC network, can go down to zero in an instant.
Investors with high risk appetite who want to buy Baby Doge Coins have been flocking to PancakeSwap systems for the last two days. So much so that BabyDoge’s volume reached the $1 million mark in a short time. With the purchases received today, 24-hour volume increased by 24% to $78 million. 94% of this volume is met through PancakeSwap.
If you haven’t shopped on PancakeSwap before, follow the steps below.
- You need to connect a wallet to PancakeSwap systems. Wallets supported by the system are Metamask, TrustWallet, MathWallet, TokenPocket, WalletConnect, Binance Chain Wallet and SafePal Wallet.
- If you have one of the supported wallets, you need to enter the PancakeSwap systems and click the “Connect” button in the upper right corner.
- When you choose the wallet you use from the screen that opens, the system will guide you and you will have linked your wallet to PancakeSwap.
- After connecting your wallet to the system, you need to transfer BNB to your account.
- You will be automatically sent back to the purchase screen and you will write how many BNB you will buy in the first box. For example, you can buy 158.4 billion Baby Doge Coins (BabyDoge) for 1 BNB.
- In the last step, click the buy button and wait for your tokens to be transferred to your account within 3-4 minutes.
After passing all the stages, you will easily get Baby Doge Coin in 6 steps.
If you want to buy from a second source with a lower volume, you can use the exchange called XT. This exchange has started to support Baby Doge Coin spot transactions directly in USDT parity today.
Is Baby Doge Coin Reliable?
Cryptocurrency investors had an experience with the Shiba Inu in April. Shiba Inu (SHIB), which price is eight zeros, made serious pricing due to irrelevant shares made by Elon Musk. So much so that gains of over 1000% were delivered to investors in a very short time. Sharing Elon Musk Baby Doge Coin has given birth to new hope.
Of course, this situation creates an expectation for Baby Doge Coin, as it is not supported by almost any exchange yet, there are expectations of volume increase in the near future. Of course, there are investors who think that this volume increase will increase the price up to 1000% in a short time. Is it possible? Of course it can, but investments made with this expectation can also see zero in a short time.
Who knows that a token with a supply of trillions won’t be reset by its founders once it reaches enough volume? A few BNB costs (including website charges) can be reset by high sales that can be made by Baby Doge Coin creators. Investors should not ignore this risk.
Baby Doge Coin (BabyDoge) Rising
The price, which fell by 30% today, rose by about 5/1. In other words, an investor who bought at noon made 50% profit in a few hours with BabyDoge. Its market cap is approaching the $1 Billion psychological limit. If you are going to invest small amounts that you are willing to lose, new stock market listings can increase the price even more.
But there is one thing to remember, too many early investors have entered Baby Doge Coin in the last few days. In other words, the purchase you will make now is a profitable price of over 250% for many investors, which means that you start the game 1-0 behind.
A token whose daily trading volume has increased 10 times compared to 21 days ago can also bring you serious gains, in irreparable losses.
The information shared here does not contain investment advice and is intended to inform. It is recommended that you do your own research in the crypto money markets with a high risk rate and take your investor decisions accordingly.