I'm just waiting for it to go down a little more, I'm going to put 30k in it 😁

$1MBABYDOGE
BabyDoge's price could go down because it relies heavily on hype and speculation. Unlike major cryptocurrencies like Bitcoin or Ethereum, BabyDoge doesn’t have a strong use case or clear purpose. If people lose interest, its value could drop quickly.

Regulations are another risk. Governments are paying more attention to cryptocurrencies, and meme coins like BabyDoge could face stricter rules. This could reduce investor confidence and hurt its price.

Lastly, there are many similar meme coins in the market, which spreads investor attention too thin. Without anything unique to offer, BabyDoge might struggle to maintain its value over time. Always do your own research before investing to understand the risks and make informed decisions.