The New Phenomenon Called Baby Doge Coin

Research shows that there may be as many as 2,000 cryptocurrencies on the market in 2021. There’s no denying the fact that they have become extremely popular as there are more than 6 million people that use them. What’s even more impressive is the fact that new cryptocurrencies are constantly popping up on the radar.

One of those new cryptocurrencies is Baby Doge Coin, a digital asset that was created by members of the Dogecoin community. Unlike other cryptocurrencies, Baby Doge Coin serves a unique purpose, which is to help dogs in every corner of the planet.

Since Baby Doge Coin managed to cause a massive stir in the crypto world recently, we decided to take a closer look at it and explain what you need to know about it. Let’s start with how can you earn Baby Doge Coin.

Earning Baby Doge Coin

The first way through which you can earn Baby Doge Coin is to mine it. The mining time of Baby Doge is actually quite impressive because on average, it takes about 5 seconds for 1 Baby Doge to be mined. Compared to its ‘father’ Dogecoin, the mining time is 1 minute.

But since mining requires a lot of time, dedication, and investing in the proper equipment, a majority of investors in Baby Doge Coin resort to buying it. That can be done at trading sites. These are platforms that operate online and once you register there; you will be connected with traders from all around the world.

The process of registration is fast and simple, which means that you will be able to complete it, regardless of your age or skills. One of the most reputable trading sites on the market is Quantum AIand apart from being a secure platform, this trading site also utilizes the latest HTML5 technology, which means that you will be able to trade on any mobile or tablet device. After you register with Quantum AI, you will gain access to all of its services.

The Creation Baby Doge Coin

As we mentioned at the beginning of this article, Baby Doge Coin was created in June 2021 by members of the Dogecoin community. These members are animal lovers and their goal is to help dogs from around the world.

The reason why Baby Doge gained massive popularity in a very short period is that it managed to rise 98% shortly after Elon Musk acknowledged it on Twitter. Then, Baby Doge had a very successful rally as it continued to rise in value.

Their goals are listed in the so-called Paw Board, which consists of 6 phases. In each phase, the goal is to donate more money to dog shelters and charities, increase the number of users, etc.

The Goal and Fees

You must’ve concluded by now, but the main goal of Baby Doge is to help dogs around the world. The cryptocurrency does that by donating money to various shelters and dog charities. The donations come from the fees that the digital asset implements.

Each transaction with Baby Doge has a 10% fee. Out of those, 5% go to liquidity, while the other 5% is redistributed to the holders. So far, Baby Doge Coin has

Sponsorship in NASCAR

Recently, Baby Doge Coin even managed to enter NASCAR’s world by partnering up with Brandon Brown. The deal between the cryptocurrency and the No.68 team was announced on July 7, 2021. With it, Brown's Camaro SS was customized to have Baby Doge on its body and this market is the first crypto partnership in the respective car racing tournament.

Brandon Brown, who is also a massive dog lover stated that he couldn’t be more excited about this deal and that he is looking forward to working with Baby Doge in the future.