Baby Doge, another memecoin inspired by the relationship between Dogecoin and Elon Musk, skyrocketed by 35% earlier today. This came after the large crypto exchange Huobi announced the addition of the token on its platform.
- Launched in the middle of the memecoin frenzy last year, Baby Doge exploded in popularity initially following a tweet by Elon Musk, which contained its name. While the project claimed that the billionaire had indeed in mind the new memecoin, there was no confirmation coming from Musk himself.
- Nevertheless, that didn’t stop a near triple-digit surge at the time. Today, BABYDOGE went on the offensive once more, this time with a bit more modest surge of around 35%.
- In a matter of hours, the asset went from about 0.00000000295 to a high of 0.000000004, which became the highest price position in over a week.
- This impressive price surge came at a rather unexpected time as the rest of the crypto market is deep in the red. As such, it would be safe to attribute it to the latest news coming from Huobi.
- The large crypto exchange announced the addition of BABYDOGE just minutes ahead of the pump. The platform already enabled deposits, while spot trading for BABYDOGE/USDT will open “when the deposit volume meets the demand of market trading, which will be officially announced in advance.”
- Baby Doge has made some strides outside of the cryptocurrency community lately by partnering with the German soccer team – TSG Hoffenheim.
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Source: https://cryptopotato.com/baby-doge-skyrocketed-35-following-a-huobi-listing/