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Breaking: Houbi Opens Deposit For BABYDOGE Coin; Price Jumps By 13% In Last 24 Hrs

By Ashish Kumar
February 18, 2022 Updated February 18, 2022
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In a big development Huobi, which is among the world’s famous crypto exchanges has added support to another meme coin. Huobi announced that it has listed Baby Dogecoin (BABYDOGE) on its platform. The Huobi shared that the platform has allowed the deposits from BabyDoge from 09:00 (UTC).

Houbi lists BABYDOGE

However, it added that spot trading (BABYDOGE/USDT) will open when the deposit volume meets the demand of market trading, which will be officially announced in advance. While users will be able to withdraw the coin from 14:00 (UTC) on Feb 19.

Sent off in the center of the meme coin craze last year, the Baby Doge coin detonated in prevalence at first after a tweet by Elon Musk. As the coin mentions, it has learned a few tricks and lessons from his meme father, Doge. The BABYDOGE has managed to grow in popularity under the shadow of DOGE which is the largest meme coin.

1 M followers on Twitter

Recently, BabyDoge crossed 1 Million followers on Twitter. WhaleStatsBSC, which keeps track of the top 1000 BSC wallets shared this announcement.

Earlier, BABYDOGE managed to hit another milestone in his journey till now. It surpassed the second-largest meme-coin in terms of wallet holders. Dog-themed meme-coin announced it through the official Twitter handle.

However, these events are surely a warning bell for the other meme-coins in the market.

Meanwhile, these developments indicate that there is an increase in the popularity of the coin among investors. While it also indicates that meme-coins are making their place in the cryptocurrency world.

BABYDOGE jumps 13%

Since the announcement, BabyDoge Coin’s price has jumped by over 13%. It is trading at an average price of $0.000000003844 at the press time. Meanwhile, the meme-coin has registered an increase of 444% in the 24-hour trading volume of $36,240,038.94. As per Coinmarketcap, BABYDOGE sands at 2834 spot.

babydoge
Source: Coinmarketcap

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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