Cryptocurrency

BabyDoge Just Burned 3.2 Quadrillion Tokens Worth over $10 Million, Making 17 Quadrillion Destroyed in 2022

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.”

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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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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