Baby Doge Coin: How Elon Musk Made the Dogecoin Child Spike

The Baby Doge coin recently saw a spike in value because of its grandfather, DOGE sire, Elon Musk.

What is the Baby Doge play?

Baby Doge coin is an alternate version of Dogecoin. It is a low value memes-based cryptocurrency that often gains a lot of hype and success through social media.

Baby Doge coin is trying to do what Dogecoin did, only better.

  • “Baby Doge is looking to impress his father by showing off his new improved transaction speeds and adorable character,” the Baby Doge Coin website explained. “It’s hyper-deflationary with a built-in smart staking system to reward you, so more baby doge coins are automatically added to your wallet with every trade. Just love, stroke and watch your Baby Doge grow up.

How much has Baby Doge grown?

The cryptocurrency rose 228.3% in 24 hours, according to Bitcoin News. The coin has jumped 716.9% in the past two weeks alone.

  • According to Benzinga, a single Baby Doge coin was once worth around $ 0.0000000003950. In May, a single coin had a value of 0.000000000018.

Why has the Baby Doge coin recently increased?

It’s because of Elon Musk, CEO of Tesla, who tweeted a statement that winked a bit at Doge Baby Coin.

  • “Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge.”
  • The tweet is also a play on the song “Baby Shark”.

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