Cryptocurrency

BabyDoge Hits Burn Milestone: 100 Quadrillion Tokens Worth $200 Million Removed from Circulation

While Shiba Ini is still seeking stability, its rival Baby Doge Coin attained remarkable landmarks by burning over 100 quadrillion BABYDOGE tokens estimated to be worth about $200 million in a single transaction.

According to a tweet on Baby Doge Coin’s official Twitter handle, the upcoming meme coin platform confirmed that it burned 100,185,000,000,000,000 (100.18 quadrillions) BABYDOGE tokens on two different chains. The transactions on the two diverse chains amounted to an estimated worth of $200,370,000 ($200.37M).

Read Also: Over 52 Trillion BabyDoge Burned in the Past 24 Hours as Token Burn Portal Nears Completion

Baby Doge Coin Transaction Details On Ethereum

On the Ethereum blockchain, the BabyDoge team succeeded in setting a world record by burning 100,000,000,000,000,000 (100 quadrillions) BABYDOGE tokens in a single transaction. These tokens are worth relatively $200,000,000.

Overall, the total amount of burned BABYDOGE tokens on the Ethereum chain is presently 327,321,221,121,808,704 (327.32 quadrillions), worth $647,114,054 ($647.11M).

Read Also: BabyDoge Team Finally Burns 50 Quadrillion Tokens Worth Over $86 Million

Baby Doge Coin Transaction Details On The Binance Chain

On the BNB chain, the BabyDoge team successfully burned 185,000,000,000,000 (185 trillion) BABYDOGE, worth $370,000. The new set of burned BABYDOGE tokens brings the total number of the upcoming meme tokens burned on the BNB platform to 206,018,901,659,242,466 (206 quadrillions), with an estimated worth of $412,037,803 ($412.03M).

Impacts Of The Burned Coins On BabyDoge Price

Per CoinGecko, Baby Doge Coin is ranked 121 and sells at a rate of $0.000000001914. The coin is down by 0.6% with a 24-hour trading volume of $1,793,842. Despite the massive burnings on Ethereum and Binance platforms, there are currently 156,124,856,092,293,492 in circulation from a total and maximum supply that is worth 420,000,000,000,000,000 each.


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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

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