A major crypto exchange is listing a meme token rival of Shiba Inu (SHIB) and Dogecoin (DOGE) after exploding by more than 250% this year.
According to a new announcement, KuCoin is listing Baby Doge Coin (BABYDOGE) on its trading platform Wednesday with withdrawals enabled the following day.
“KuCoin is extremely proud to announce yet another great project coming to our trading platform. Baby Doge (BABYDOGE) will be available on KuCoin. The supported trading pair is BABYDOGE/USDT.”
The lesser-known dog-themed meme coin closed 2022 at $0.000000000924 and is currently trading at $0.00000000338, a 265% jump.
The meme coin launched in June 2021 and is live on both Ethereum (ETH) and Binance Chain. In July 2021, Baby Doge Coin gained traction after tech billionaire and Dogecoin supporter Elon Musk referenced the project in a tweet, sending its price soaring.
With a market cap of nearly $510 million, Baby Doge Coin is the 95th largest cryptocurrency. The coin has a maximum overall supply of 420 quadrillion tokens and a circulating supply of about 156 quadrillion.
According to Etherscan, a total of 11,734,573 wallets are holding BABYDOGE.
Earlier this year, Baby Doge launched a burn portal that allows its holders to burn BABYDOGE tokens or eliminate them from supply by sending them to a dead address. According to the project, over 205 quadrillion BABYDOGE tokens have been burnt so far at time of writing.
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