Baby Doge coin, yet another dog-themed meme coin, is taking the crypto space by storm after it bypassed Shiba Inu in total holders.
The price of the Baby Doge coin has been rising steadily since mid-December 2021 and it is gathering momentum daily. Today, the coin has surged by over 18% even as the crypto market nosedived after the US Fed news that it is coming to increase interest rates in the coming months.
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To help investors and traders who are thinking of investing in Baby Doge, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Baby Doge coin
As BabyDoge is such a new asset, it’s yet to be listed on major exchanges. You can still purchase BabyDoge using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy BabyDoge right now, follow these steps:
1. Buy BNB on a regulated exchange or broker, like Binance ›
We suggest Binance because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the SushiSwap DEX
Head to SushiSwap, and ‘connect’ your wallet to it.
4. You can now swap your BNB for BabyDoge
Now that you’re connected, you’ll be able to swap for 100s of coins including BabyDoge.
What is Baby Doge coin?
Baby Doge Coin is a dog-themed meme coin in the same class as the likes of Shiba Inu and Dogecoin. It was launched in June 2021.
It was called Baby Doge since it was intended to impress the Dogecoin community, its father, with its improved transaction speeds and adorableness.
Some of the aims of the Baby Doge coin include further efforts for pet charity, Non-fungible token (NFT) creation, GameFi, and more.
Should I buy the BabyDoge coin today?
If you are looking for a cryptocurrency that is on the rise as the majority of the crypto market plunge, then the BabyDoge coin is a good choice.
Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile and market sentiments could change within seconds.
BabyDoge coin price prediction
Analysts believe that the Baby Doge coin will try retesting its current all-time high above $0.0000000076 before the end of the first quarter.
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Source: https://invezz.com/news/2022/01/06/where-to-buy-baby-doge-coin/