Baby Doge Coin is another version of Dogecoin but is lower in value. It has been drumming up due to social media hype. It is also a meme coin. As the father meme coin, Dogecoin has been one of the ten biggest cryptocurrencies for months, Baby Doge Coin is also expected to rise and shine at the same pace. But, in the presence of strong competitors, it is quite difficult for it to progress. Its token is very young and has no blockchain of its own like Dogecoin.
Binance is the biggest exchanging platform for cryptocurrencies. Its trading volume has been touching more than $23 billion in the past 24 hours at the time of writing. It is a leading centralized cryptocurrency exchange that has one of the highest number of cryptocurrencies listed on it. It currently supports the trade of more than 500 coins, including Ethereum, Bitcoin, Binance Coin, etc.
Coinbase, on the other hand, is the biggest cryptocurrency exchange platform in the United States. It has fewer coins listed in its exchange as compared to Binance. It supports only 119 cryptocurrency projects out of a total of around 13,500 projects.
Will Binance List Baby Doge Coin?
Despite the large number of cryptocurrencies listed on Binance, they are still very selective in listing new cryptocurrencies. Many big projects were rejected for enlisting by Binance, irrespective of their strong records and backgrounds. In addition to this, Binance does not even provide a required criterion for selection, which makes it even harder and confusing for cryptocurrencies to get listed on it.
Baby Doge Coin has a total supply of 420 quadrillion coins, out of which 295 quadrillion are circulating, and about 30% have been removed with burning. If it continues to progress this way, this time next year, we could see BabyDoge rise at the same rate as SafeMoon or even Shiba Inu. This will also improve the performance of Baby Doge Coin in terms of price. Also, this increase in holders of BabyDoge will also increase its chances of it being listed.
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— BabyDoge (@BabyDogeCoin) November 13, 2021
Baby Doge Coin could be listed on Binance before Coinbase because Binance is relatively easier to get listed in for new coins, and it is supportive of such projects. Also, the CEO of Binance already has an eye on Baby Doge Coin. This can be testified through many of his tweets.
Will Coinbase List Baby Doge Coin?
Coinbase is also very picky when it comes to listing new crypto projects. But, they have given the criteria for any crypto project to get listed in this exchange.
Coinbase has already listed Dogecoin and Baby Doge Coin is quite similar to it, meaning that it fulfills most of these criteria. BabyDoge might get listed on Coinbase. But before that, it would have to put some effort into its market capitalization and its demand that might increase with time due to the fundamentals of the project.
Also read: Baby Doge Coin Price Prediction 2022 and Beyond- Can BABYDOGE Eventually Hit $1?
Takeaways
- Baby Doge Coin is another version of Dogecoin but is lower in value.
- After reviewing Binance requirements, we believe that Baby Doge Coin can be listed on it in the near future.
- We also believe that Baby Doge Coin may get listed in Coinbase later in the future.