Baby Doge Coin experiences a significant price surge after its listing on Binance. The big question is whether investors should buy Baby Doge Coin and how high its price could rise.
With the recent surge in attention, the token has been trending on CoinMarketCap, holding the number one spot for the past two days. Let’s dive into the project and evaluate its potential.
For those bullish on meme coins and seeking another opportunity, Pepe Unchained is also creating buzz as the next big thing.
Baby Doge Coin price analysis
In the past 72 hours, Baby Doge Coin surged by 10%, with a 30.44% gain over the past week and month, capturing the crypto community’s attention, especially after its long-awaited Binance listing.
The project teased this listing for three years, and now the team celebrates with social media giveaways and manual token burns, which could further increase the token’s scarcity and value.
There’s a slight difference between the Baby Doge Coin listed on Binance (ticker: 1MBABYDOGE) and the one on CoinMarketCap (ticker: BabyDoge). Although they represent the same asset, the Binance-listed version has a smaller market cap.
Despite this, 1MBABYDOGE experienced a significant price jump post-listing. While a minor correction might happen, the project still holds strong growth potential.
Other tokens, like Turbo and Neiro, also listed on Binance, saw massive gains—over 1,000% in some cases—hinting at a similar surge for Baby Doge Coin. Community sentiment remains overwhelmingly positive, with 87% of investors feeling bullish.
Technical analysis supports this optimism, showing strong buy signals across key indicators. Besides the Binance listing, Baby Doge Coin gained momentum through listings on other exchanges and new partnerships, like the one with SUNDOG TRX, which boosted investor confidence.
Currently trending in the top 7 on CoinMarketCap, Baby Doge Coin is solidifying its place in the meme coin ecosystem. The project has big plans ahead. It will launch on the Solana chain, increasing its utility. A new website will use part of its revenue to buy back and burn tokens, boosting value.
A wallet app is also coming, connecting to the BabyDoge PAWS Telegram game and offering a PAWS airdrop. With 2.6 million followers and a strong community, Baby Doge Coin looks ready to make a big impact in the crypto space.
Beyond its own performance, the overall crypto market looks promising. Bitcoin nears $63,000, and market sentiment is shifting from fear to neutrality, suggesting a potential bull run that could further boost meme coins like Baby Doge Coin.
Pepe Unchained (PEPU)
Binance’s listing of Neiro, Turbo, and BabyDogeCoin surprised the market, with one meme coin jumping 10x overnight. While such gains are rare in traditional markets, they happen often in the world of meme coins. Traders are eagerly waiting for the next big Binance listing.
A new star in the meme coin world is Pepe Unchained (PEPU). With developer grants and a $14.4 million presale raised, plus rumors of major exchange listings coming soon, $PEPU is creating a lot of excitement before its official launch.
14M
Riding the L2 wave! Big thanks to the community for the continued support! We are growing so fast! pic.twitter.com/EjlPQLZxjm
— Pepe Unchained (@pepe_unchained) September 20, 2024
Currently in presale, $PEPU is priced at $0.00982, but this price will increase as the presale continues. Pepe Unchained aims to elevate the scene by rewarding developers who help tackle Ethereum’s scalability issues.
In keeping with meme coin spirit, the project is fully funded by the community through its presale. The original Pepe struggled on the Ethereum network because of slow speeds and high fees. Now, Pepe Unchained has its own blockchain, letting small investors trade meme coins without high costs.
Its new developer grant program, “Pepe Frens With Benefits,” invites developers to launch tokens and applications on the blockchain. To obtain a grant, developers create a project, apply, wait for the Pepe Council’s decision, and, if chosen, receive funding.
Pepe Unchained might be that next opportunity. The team recently announced discussions with “several tier 1 exchanges” but decided to pause the launch until the timing is perfect, ensuring maximum impact and allowing early adopters to take advantage of the discounted presale price.
The project has also caught the eye of significant investors. Recently, whales have made big purchases, like 23 ETH and 10 ETH in single transactions. This whale activity often signals confidence in the project’s potential.
Recent surges in meme coins like NEIRO and BABYDOGE show that investors are still interested in low-cap coins with high growth potential, which is promising for the presale project Pepe Unchained.
To participate in the $PEPU token presale, go to pepeunchained.com.
Related
- Baby Doge Coin August 2024 Price Prediction – Is BabyDoge Heading for a Binance Listing?
- Could a Breakout Trigger Huge Gains for $DOGE, or Could Pepe Unchained Spark the Next Big Rally?
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