Baby Doge Decreases 40% this Week

Even after the meme cryptocurrency’s image was all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta, the value of baby doge decreased a bit during the past week. According to the statistics, during the past seven days, the baby doge dropped 42%, and during the past 24 hours, the value dropped by 2%.

Baby Doge Donated a Huge Amount to Animal Shelter

Baby doge has been very popular among the crypto-community in the past few weeks. There are a few main reasons behind the popularity of this meme cryptocurrency. The CEO of Tesla and SpaceX tweeted about this meme cryptocurrency which made things a lot more interesting. In the past month, Baby Doge spiked by 931%. After the tweet from Elon Musk, bitcoin was almost about to reach $2 billion.

baby-doge-down

After the recent drop in value, the value of baby doge per token is $0.000000002993. The trade volume of the token, as revealed by coingecko.com, is $8,239,318. The market value of baby doge also dropped from $1.982 billion to $1.2 billion. However, despite the significant drop in the value of cryptocurrency, the social community has grown.

The community of Baby Doge made donations to organizations like Pawswithacause and Furkids Animal Rescue. The two organizations worked with 45 different animal shelters all over the USA.

The telegram channel of this project has 122,654 members, and currently, 18000 of them are active. Baby doge’s official Twitter account has 131,500 followers. Baby Doge subreddit has 4.1k subscribers.

Baby Doge Collaboration with NASCAR

Taking cues from the Dogefather in NASCAR, the baby doge token group joined forces with NASCAR racer Brandon Brown and Brandonbilt Motorsports. At The previous end of the week in Atlanta, Brown’s vehicle highlighted the babydogecoin.com space name and the baby doge logo. At the Atlanta Motor Speedway, Brown took the checkered banner from the 31st situation on Saturday. Brown’s Camaro supported hefty right front harm while just a modest bunch of laps remained.

It was an unfortunate turn of events for Brown as the No. 68 Chevrolet Camaro ran in and around the tenth situation for most of the occasion, Brandonbilt Motorsports said. Brandonbilt added to the assertion by expressing gratitude toward a portion of its new backers:

In any case, we might want to express gratitude toward Baby DogeCoin, The Erosion Company TEC, and Furkids Animal Rescue and Shelters for going along with us this end of the week for their absolute first NASCAR Xfinity Series race.

The renowned meme token dogecoin (DOGE) had entered the NASCAR scene sometime in the past when DOGE fans chose to bring 68 million DOGE up in request to support Josh Wise’s Ford Fusion in 2014. As of late, the dogecoin embellished vehicle stood out as truly newsworthy on June 19, 2021, when Stefan Parsons smashed it at the Nashville Superspeedway race. On Monday, July 12, the information shows that image-based digital forms of money have likewise smashed in value throughout the last week.

Other Meme Cryptocurrencies

Shiba Inu (SHIB) is down more than 12% this week, and dogecoin (DOGE) is down 14.6%. Baby Dodge’s 42.4% misfortune is a lot bigger than these two, yet a coin called the Alaska Inu (LAS) has lost 70% this week and (JEJUDOGE) dropped more than 60%. Notwithstanding, Elon doge token (EDOGE) has acquired more than 48% this week, and Keanu Inu (KEANU) bounced 35.4% in value.

Author

  • Luke Handt

    Luke Handt is a seasoned cryptocurrency investor and advisor with over 7 years of experience in the blockchain and digital asset space. His passion for crypto began while studying computer science and economics at Stanford University in the early 2010s.

    Since 2016, Luke has been an active cryptocurrency trader, strategically investing in major coins as well as up-and-coming altcoins. He is knowledgeable about advanced crypto trading strategies, market analysis, and the nuances of blockchain protocols.

    In addition to managing his own crypto portfolio, Luke shares his expertise with others as a crypto writer and analyst for leading finance publications. He enjoys educating retail traders about digital assets and is a sought-after voice at fintech conferences worldwide.

    When he's not glued to price charts or researching promising new projects, Luke enjoys surfing, travel, and fine wine. He currently resides in Newport Beach, California where he continues to follow crypto markets closely and connect with other industry leaders.

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