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BabyDoge explained | What is BabyDoge?


Every crypto investor has heard about DOGE. In fact, there are hundreds of thousands of people who own it, including celebrities such as Elon Musk. Yet, not everyone is aware that DOGE has a child called BabyDoge, which has all the potential to outperform its predecessor. The popularity of BabyDoge is rising rapidly, so it is high time to get familiar with the project for those who have not yet had the opportunity to do it. Read the article to learn more about Baby Doge Coin and find out how to get payments in BabyDoge.

BabyDoge explained

Key Points:

  • BabyDoge is a powerful mem coin with a real mission.
  • BabyDoge is deployed on Binance Smart Chain.
  • NOWPayments offers tools for featuring BabyDoge payments.

What is BabyDoge?

BabyDoge Basics

BabyDoge Basics

Unlike DOGE, BabyDoge is a relatively new addition to the family of mem-inspired coins. Specifically, Baby Doge Coin was launched in June 2021. Nevertheless, Baby Doge can boast one of the fastest-growing communities in crypto. This is evidenced by the number of tweets made about Baby Doge on Twitter. Moreover, within the first 21 Days of birth Baby Doge Coin made history surpassing more than 100k holders, which shows how amazing the project is and how many people believe in it. Unlike many other meme cryptocurrencies, Bay Doge has a real mission. Baby Doge seeks to make crypto available to the average person while also helping save dogs that are in need. In order to promote mass adoption of crypto, Baby Doge relies on the use of rewards, NFTS, decentralized exchanges, and credit cards for crypto payments.

While DOGE runs on its own blockchain, Baby Doge is built on Binance Smart Chain, one of the most advanced networks which uses state-of-the-art technology. BSC has many notable advantages over other similar networks, including Ethereum. The developers of Baby Doge Coin chose BSC because of its extremely fast 5-second block times and gas fees, which are much cheaper than those of the Ethereum network.

Since Baby Doge Coin takes after DOGE, the coin has implemented several features of its father. Baby Doge is inherently a crypto which is birthed by the same fans of the Doge Meme online community. Baby Doge seeks to impress his father by showing better transaction speeds. Baby Doge is a hyper-deflationary asset with static reflection which means that all holders get rewards. Basically, every Baby Doge transaction automatically adds new coins to the wallets of holders.

Baby Doge Swap

Baby Doge Swap

Baby Doge is one of the first meme projects to deploy its own decentralized swap. Basically, users can swap their coins by going to the official website of the coin. This is extremely convenient and lets investors avoid mainstream exchanges while always having access to BabyDoge liquidity

Baby Doge Card Pay

Baby Doge Card Pay

Baby Doge is also one of the first meme coins to offer a credit card for crypto payments. Any person interested in using a BabyDoge powered credit card can get it on the official website of the project.

Baby Doge Paw Wallet

It is hard to imagine any respectable crypto project without its own wallet. The proprietary wallet helps to protect the privacy of users and ensure the safety and security of their funds. Baby Doge is planning on releasing its own Paw Wallet, which will let users track their rewards gained from reflections, wallet balance, coin valuation, and more.

Baby Doge NFTs

Baby Doge NFTs

NFTs are all the rage now, and it would be strange if Baby Doge decided to ignore it. This is why Baby Doge NFT marketplace is the largest project in the works of the Baby Doge developers. The platform will allow users to create and buy/auction their own NFTs and plan to allow users to donate a % to help save dogs. Essentially, users will be able to get NFTs and earn actual money selling them while helping dogs. It certainly sounds like a win-win for everyone involved.

Baby Doge Swag

Finally, it is also important for every crypto project to treat its fanbase with great-quality merchandise. This is why Baby Doge will have a merch store for $BabyDoge holders to proudly support their favorite meme in the real world with the proceeds to benefit the project and help more dogs in need.

What are the benefits of BabyDoge?

Transparency

Baby Doge is a decentralized project which runs on the support of its community of enthusiasts. As a result, Baby Doge encourages open communication and believes in trust and transparency.

Community

Community

As mentioned above, Baby Doge has one of the fastest-growing and most loved communities in the crypto industry. The team behind the project believes that only together, Baby Doge stakeholders are strong. Community is everything, and Baby Doge strives to include everyone from around the globe. The project has multiple Telegram channels dedicated to our international communities. Baby Doge is essentially owned by its fun, vibrant community and welcomes and embraces diverse perspectives to build Baby Doge into the best community in crypto with a do-good mission of helping save dogs in need.

Trust

Trust is the fuel of the Baby Doge community. This means that the project upholds the principle of full transparency not only in the community and development but also in security efforts. Baby Doge has been audited by a third party and has burned and locked the majority of the LP tokens. So, Baby Doge has no rug pulls.

Longevity

Unlike some of the meme coins, Baby Doge is here to stay. The decentralized community of the project is fostering and adopting long-term development of the ecosystem and foundation. The efforts of the community focus on driving real use cases. As a result, Baby Doge is a platform with a great future.

BabyDoge Tokenomics

BabyDoge Tokenomics

As already mentioned, Baby Doge utilizes Binance Smart Chain. BSC was developed as a solution for utilizing solidity-based smart contracts with much greater speed and efficiency than other blockchains, especially Ethereum. BSC-based decentralized exchanges offer lightning-fast swaps and extremely low fees. As a result, BSC has become one of the most widely used blockchains for Decentralized Finance (Defi). Since Baby Doge is deployed on BSC, the BabyDoge Coin constitutes a BEP-20 token, a token protocol developed by the BinanceTeam. Thanks to the BSC technology, Baby Doge has a 5-second block speed which is much faster than that of DOGE, which has a 1-minute block speed.

Binance Smart Chain provides Baby Doge Coin not only with its amazing speed but also excellent security and safety for all users and developers. Since BSC has native dual chain interoperability, it allows cross-chain communication and scaling of high-performance dApps that require a fast and smooth user experience.

In terms of tokenomics, Baby Doge utilizes simple but reliable functions: Reflection + LP acquisition + Burn. In each trade, the transaction is charged a 10% fee, which is split two ways. First of all, 5% fee gets redistributed to all the existing holders. As long as you have Baby Doge in your wallet, you are guaranteed to get your rewards.

5% fee is split 50/50. One half is sold by the contract into BNB, while the other half of the BABY DOGE tokens are paired automatically with the previously mentioned BNB and added as a liquidity pair on Pancake Swap.

The project has burned more than 30% of the total supply so far. So, 30%+ of the 5% redistributions are burned with every transaction.

Is BabyDoge a good investment?

Many people in the crypto industry do not consider meme projects worthy of their attention and subsequently miss out on the numerous opportunities presented by coins such as Baby Doge. Just remember the story of DOGE, which has grown immensely since its launch. Meme coins have demonstrated on numerous occasions that they have the power to set records and get hundreds of millions in investment. Baby Doge is more than just a meme coin, it is a platform that seeks to build a full-blown ecosystem with different projects. Moreover, Baby Doge has a clear mission of helping dogs in need. All of these features certainly make the entire project more valuable in the eyes of investors. Additionally, despite the fact that Baby Doge has not yet launched all of its components, it has already attracted hundreds of thousands of investors, which shows that it is highly trusted among enthusiasts. This is why Baby Doge is a good investment for everyone who believes in the mission of the project and wants to be a part of it.

How to get BabyDoge payments

How to get BabyDoge payments

NOWPayments provide tools for featuring BabyDoge payment gateways. Businesses and individuals can accept BabyDoge payments by utilizing NOWPayments. For example, eCommerce businesses can utilize plugins that are compatible with PrestaShop, WooCommerce, Magento 2, WHMCS, OpenCart, Zen Cart, Shopify, and Shopware. There is also an option of using crypto invoices and a virtual Point-of-Sale terminal. Moreover, companies can deploy subscriptions and send invoices to their clients regularly. Additionally, charities, influencers, non-profit organizations can deploy BabyDoge donation widgets, buttons, and links. NOWPayments is a non-custodial service which does not keep the funds of its clients and makes instant payouts.

FAQ

  1. What is BabyDoge crypto?

    BabyDoge is a BEP-20 token which is the native currency of Baby Doge, a decentralized finance project.

  2. How do I get BabyDoge?

    Investors have options for purchasing BabyDoge. In addition to the Baby Doge Swap, there are both centralized and decentralized exchanges. Here is a guide on how to get the Baby Doge Coin on OKX, one of the leading crypto exchanges:

    1. First, you will need to register and verify your account.
    2. Next, you will need to top up your OKX fiat balance.
    3. Then, you will have to specify the amount of BabyDoge you wish to obtain and purchase it.

Conclusion

BabyDoge is one of the coolest meme currencies which people can invest in and accept as payment. NOWPayments provides tools for accepting BabyDoge payments and donations.



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