NFT

The Basically As Long NFT Set From $BABYDOGE Is Finally Here

04/23/2022
Bitcoin Ethereum News

  • It’s worth noting that $BABYDOGE’s initial supply was 420 quadrillion tokens, with almost 125 quadrillions already burned.
  • To commemorate the day, the whitelisted mint went online on April 20 (4/20) at 4:20 PM EST, with each whitelisted user able to mint a maximum of three BabyDoge NFTs. BabyDoge’s NFT collection consists of 10,000 distinct Baby Doges created using 200 different qualities such as their eyes, headdress, attire, and more.
  • BABYDOGE’s price jumped last year ahead of its NASCAR debut, as CryptoGlobe reported. On July 10, the cryptocurrency made its NASCAR debut, with BABY DOGE branding on driver Brandon Brown’s No. 68 Chevrolet Camaro

Baby Doge has unveiled a long-awaited non-fungible token (NFT) collection, which was made by admirers of the DogeCoin online community and seeks to impress his father by showcasing his new increased transaction speeds & adorableness. Before the public mint, the project’s NFTs were available for whitelisted users to mint.

10,000 Distinct Baby Doges Created Using 200 Different Qualities

To commemorate the day, the whitelisted mint went online on April 20 (4/20) at 4:20 PM EST, with each whitelisted user able to mint a maximum of three BabyDoge NFTs. BabyDoge’s NFT collection consists of 10,000 distinct Baby Doges created using 200 different qualities such as their eyes, headdress, attire, and more. Each token is kept on the Ethereum blockchain as an ERC-721 token and hosted by the Interplanetary File System (IPFS). The unveiling of the NFT collection appeared to be a success, as Baby Dogecoin quickly became a trending topic on Twitter.

Because it is supposed to become rare over time, the cryptocurrency is hyper-deflationary. Baby Doge holders automatically receive more tokens because every transaction on the network incurs a 10% fee, of which 5% is divided among token holders and half is added to the network’s liquidity.

Almost 125 Quadrillion Burned

It’s worth noting that $BABYDOGE’s initial supply was 420 quadrillion tokens, with almost 125 quadrillions already burned. It can only be traded on PancakeSwap, a decentralized exchange. According to its website, the coin was established on the Balance Smart Chain on June 1 with the goal of saving as many puppies as possible.

BABYDOGE’s price jumped last year ahead of its NASCAR debut, as CryptoGlobe reported. On July 10, the cryptocurrency made its NASCAR debut, with BABY DOGE branding on driver Brandon Brown’s No. 68 Chevrolet Camaro. Supporters of the meme-inspired cryptocurrency campaigned earlier this year to get the token listed on Finance, a large cryptocurrency exchange, through a campaign in which the trading platform invited users to express wishes in the hopes of seeing some of them come true. It presently can’t seem to be recorded on Binance.

ALSO READ: U.S. Treasury Dept Adds Three Ethereum Addresses To Sanctions List For Their Allegedly North Korea Link

Source: https://www.thecoinrepublic.com/2022/04/23/the-basically-as-long-nft-set-from-babydoge-is-finally-here/