Baby Dogecoin (BabyDoge), the dog-themed meme token built on BNB Chain, has announced another whopping burn, which has drastically reduced the circulating supply of the token.
Since the beginning of the year, Baby DogeCoin (BabyDoge), has been burning tokens in quadrillions on a monthly basis. Last month, BabyDoge destroyed a total of 4 quadrillion tokens.
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BabyDoge Burned 3.2 Quadrillion Tokens Worth over $10 million
The latest BabyDoge burn exercise removed 3.2 quadrillion of the meme token permanently from its current circulating supply.
The new development was shared via the official Twitter handle of BabyDoge a couple of hours ago.
@BabyDogecoin tweeted, “3.2 quadrillion BURNED worth over $10 MILLION USDT.”
3.2 quadrillion BURNED 🔥 worth over
$10 MILLION USDT 🐶🍼 #BabyDoge
Proof of burn: https://t.co/qye3a2QIXg
— @BabyDogeNFTs mint 4/20 (@BabyDogeCoin) April 3, 2022
According to BSC Scan, the total amount burned was worth $10,880,000 at the time of the transaction.
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13.8 Quadrillion BabyDoge Tokens Burned in the Past Three Months
In January 2022, about five quadrillion BabyDoge tokens worth around $11.5 million were sent to dead wallets, where they will be permanently inaccessible. While in February, 4.8 quadrillions of the meme token were destroyed.
Also in March, a total of 4 quadrillion BabyDoge were destroyed. The recent burn exercise now brings the total tokens burned so far to 17 quadrillion BabyDoge worth relatively $56 million.
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