What the potential Binance listing could mean for BABYDOGE?

Baby Doge Coin BABYDOGE/USD is a cryptocurrency that was created by the online Dogecoin DOGE/USD community. However, keep in mind that it is a completely separate cryptocurrency. 

As such, BABYDOGE is a cryptocurrency that charges a transaction fee as a means of encouraging investments, where it rewards its users by adding Baby Doge Coins to their wallets after each transaction.

The Binance listing speculations as a catalyst for growth

On February 18, we covered how Huobi Global listed BABYDOGE.

On April 18, 2022, Binance posted an official guide to teach their user base how to buy Baby Doge Coin (BABYDOGE) through the usage of Binance. 

While the cryptocurrency is not available on the Binance app, it can be bought through the usage of a variety of different exchanges.

However, this guide does showcase that Binance has an interest in the token, and this has led many to speculate that Binance could potentially add Baby Doge Coin (BABYDOGE) to their exchange and app in the future.

If that were to happen, the value of the token could increase, as more cryptocurrency investors and traders could get easier access to it. 

Should you buy Baby Doge Coin (BABYDOGE)?

On April 18, 2022, Baby Doge Coin (BABYDOGE) had a value of $0.000000002473.

In order for us to see what this value point means for the Baby Doge Coin (BABYDOGE) token, we will be going over its all-time high point of value, alongside the performance it showcased throughout the previous month.

When we go over its all-time high, Baby Doge Coin (BABYDOGE) was worth $0.000000006345 on January 16 of, 2022. Here, we can see that the token was $0.000000003872 higher in value or by 156%.

However, when we take a look at Baby Doge Coin (BABYDOGE)’s performance throughout the previous month, we can see that the token had its lowest point on March 15 with a value of $0.000000002717. Its highest point of value, however, was on March 28, when the token reached a value of $0.000000003593. 

This gives us an indication that the token increased in value by $0.000000000876 or by 32%.

With all of this in mind, we can expect Baby Doge Coin (BABYDOGE) to reach a value of $0.000000004 by the end of April 2022, making it a solid token to buy.

If it does indeed get listed on Binance, this value could jump to $0.000000006, which makes the token a solid purchase in both cases.

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