After two years of inactivity, early $BABYDOGE investors have made a striking comeback.
Yesterday, 12.66 trillion $BABYDOGE tokens, valued at around $2.92 million, were deposited into Binance, sparking speculation of an impending sell-off.
This significant movement comes from an address that had amassed 1,261 trillion $BABYDOGE tokens between June 17 and June 21, 2021, through PancakeSwap at an average price of just $0.0000000003649 per token.
BABYDOG 早期投资者沉睡两年后再度苏醒，六小时前将 1266 万亿枚 $BABYDOG 充值进 #Binance，价值 292 万美金，疑似卖出
该地址曾在 2021.06.17 – 2021.06.21 期间通过 Pancakeswap 买入 1261 万亿枚代币，均价仅 $0.0000000003649
若本次全部卖出将获利 245 万美金，回报率高达 531%！😲 pic.twitter.com/JWJFFpbXXs
— Ai 姨 (@ai_9684xtpa) September 26, 2024
If all these tokens are sold at current prices, the investor stands to make an impressive profit of $2.45 million, representing a 531% return on investment.
This enormous potential profit highlights the lucrative opportunities that early investors in memecoins like $BABYDOGE can capitalize on.
$BABYDOGE Activity Follows After Binance Announcement
The surge in activity around $BABYDOGE follows Binance’s announcement on September 16 that it would be listing the token with a seed tag, further legitimizing the memecoin and attracting more investor interest. On top of that, $BABYDOGE was also recently listed on ZebPay, one of India’s largest cryptocurrency exchanges, broadening its market accessibility and driving further demand.
BabyDoge has been listed on @zebpay, one of India’s largest exchanges.
Market: https://t.co/Wa1vzfhWsr
— Baby Doge (@BabyDogeCoin) September 27, 2024
With these recent developments, $BABYDOGE is once again capturing the attention of the crypto community, and early investors are poised to make considerable profits. The combination of exchange listings and renewed investor interest suggests that $BABYDOGE is entering a new phase of growth, making it a noteworthy player in the evolving world of memecoins. As the market watches closely, the coming days could see more activity and movement for this once-dormant token.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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