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🔥💥BabyDogecoin Price Increases 15% With Zero Fee Offer
The crypto backdrop can be brutal as every meme coin competes for attention.
Now, #BabyDogeCoin (#BABYDOGE ) has emerged as a standout player that defies market trends and attracts the attention of investors. Despite the prevailing bearish feeling in the cryptosphere, BABY DODGE has achieved a remarkable success, increasing by over 15 percent in the last 24 hours. This surge in the midst of market downturns has rekindled interest in this dog-themed token, which once soared in Elon Musk's tweets.
What Nailed the 'Baby'?
The sudden surge in baby dogecoin has been greatly influenced by the overwhelming support of the new DAO offering for a 0 percent fee for transferring, buying and selling on the BNB Chain. Remarkably, the DAO proposal received over 98.89 percent community support. As a result, BABY DOGE can now compete with other high-end meme coins such as Floki (FLOKI) and Solana-based projects in transaction volume.
In recent years, the purchase, sale or transfer of BABYDOGE has cost its owners up to 10 percent tax, which has made the breast coin attractive to small breast coin merchants and whale traders.
"Reducing fees to 0% could make Baby Doge more accessible to a wider user base. a 0% fee may encourage more frequent use and transactions. The proposal states that a 0% fee structure positions Baby Doge as a more attractive option over other memes with higher transaction costs, potentially leading to new user adoption and use cases,” the company said in a statement.
Embracing Growth
The overwhelming support for the DAO proposal not only signals the end of BABYDOGE's monthly burns, but also unlocks significant potential. Currently, with the release of the $100 million BABYDOGE token, the project's team is ready to expand and continue ambitious initiatives aimed at taking BABYDOGE to higher heights.
