Baby Doge Coin BABYDOGE/USD was created as a meme-coin and a direct response to a joke made on Twitter by Elon Musk.
However, ever since its creation, it has managed to grow in popularity as well as value and has one of the most dedicated communities behind it.
The Huobi Global listing as a catalyst for growth
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On February 5, we covered how a German Soccer club, TSG Hoffenheim, partnered with Baby Doge to boost fan engagement.
Through an official announcement, Huobi Global announced that Baby Doge Coin (BABYDOGE) would be listed on the exchange.
BABYDOGE deposits will open at 09:00 (UTC) on February 18, while BABYDOGE withdrawals will open at 14:00 (UTC) on February 19.
That said, BABYDOGE spot trading, which will include BABYDOGE/USDT¸will open when the deposit volume ends up meeting the demand of market trading.
Additionally, the BabyDoge Twitter page passed 1 million followers.
Both of these announcements are an indication of the increase in popularity BABYDOGE is receiving and are an indication that meme-coins truly have their place within the cryptocurrency space.
Aside from being fun tokens to talk about, they provide an easy entry point within the crypto space for people who have never historically purchased cryptocurrencies due to their affordable price.
However, due to all of these developments, BABYDOGE can increase in value.
Should you buy Baby Doge Coin (BABYDOGE)?
On February 18, 2022, Baby Doge Coin (BABYDOGE) had a value of $0.00000000384.
To get a better perspective of exactly what this value point indicates for the BABYDOGE token, we will be going over it’s all-time high value alongside the performance the token showcased throughout the previous month.
When we go over the performance of the token throughout the previous month, Baby Doge Coin (BABYDOGE) had its lowest point of value on January 1, when it had a value of $0.000000001786.
The all-time high of Baby Doge Coin (BABYDOGE) was reached on January 16, 2022, when it reached a value of $0.000000006345.
This means that at its ATH point of value, the token was $0.000000002505 higher in value or by 65% when compared to the value it has on February 18, 2022.
With all of this in mind, BABYDOGE can reach $0.0000000045 by the end of March 2022, making it a solid token to buy.
Where to buy right now
To invest simply and easily, users need a low-fee broker with a track record of reliability. The following brokers are highly rated, recognised worldwide, and safe to use:
- Etoro, trusted by over 13m users worldwide. Register here >
- bitFlyer, simple, easy to use and regulated. Register here >
Source: https://invezz.com/news/2022/02/18/huobi-global-to-list-babydoge-is-it-now-the-right-time-to-buy-it/