Tuesday, November 26, 2024
HomeAltcoinWhy Is BabyDoge Rallying Today? 

Why Is BabyDoge Rallying Today? 

The cryptocurrency world is ever-surprising and full of new elements. The market sometimes favours the bold, with new cryptocurrencies taking over the old ones. However, there are times when certain old-world coins make their way back into the mainstream market.

In this wake, BabyDoge, one of the notable crypto meme coins, has risen from the shadows to rally 16% at press time. But what’s sparking this change?

Also Read: Bitcoin To Hit New All-Time High in October 2024, Analyst Confirms

Why Is BabyDoge Up Today?

Baby Doge
Source – Coincu

BabyDoge is one of the notable meme coins currently in the cryptocurrency space. The token is up 16% at press time, trading at $0.000000002127, which gives bullish signals. The token is up and rallying rapidly after its new listing announcement.

Binance recently announced listing several new meme coins, including BabyDoge, that have sparked its bullish rally. On September 16, the leading crypto exchange, Binance, took to X to share its new listing news. The exchange shared how it’s gearing up to list BabyDoge on its exchange for trading under the seed tag label.

Apart from BabyDoge, Binance will also be listing two new meme coins, Neiro, Turbo toad token, and Turbo, sparking modest price rallies in this wake.

Also Read: US Dollar Weakening May Actually Be Good For US Stocks: Here’s How

The Token’s Price Prediction for September

According to CoinCodex, BabyDoge may spike 60% to hit the $0.000000003305 price level.

Image: CoinCodex

Similarly, the token may also claim an all-time high by mid-October 2024, surging 222% in the process.

Image: CoinCodex

“According to our current Baby Doge Coin price prediction, the price of Baby Doge Coin is predicted to rise by 232.36% and reach $ 0.000000007077 by October 18, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 33 (fear). Baby Doge Coin recorded 16/30 (53%) green days with 12.46% price volatility over the last 30 days. Based on the Baby Doge Coin forecast, it’s now a good time to buy Baby Doge Coin.”

Also Read: Bitcoin & Gold Emerge As Top Assets Of 2024: Will The Rally Continue?

Credit: Source link

RELATED ARTICLES
- Advertisment -spot_img

Most Popular