Baby Doge Coin Approaching the ‘1 Million Holders Milestone’ a Day Before Launching its ETH Bridge

Vinod Dsouza

Baby Doge Coin is racing towards the 1 million holders mark and could touch the milestone the end of this week. The meme-currency has given phenomenal returns to early investors and continues to deliver positive results till date. Baby Doge Coin at present has 954,000 holders and is just a stones throw away from crossing the 1 million mark.

The coin was launched on June 1, 2021 and took the spotlight when Tesla CEO Elon Musk tweeted about it. ”Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge,” crooned the tweet on July 1.

The same day after Musk’s tweet, the coin shot up +1000% and attracted heavy buying pressure. The Google keywords ‘How to buy Baby Doge Coin’ spiked tenfold and investments poured in on the coin. Undoubtedly, the meme-currency became the ‘talk of the town’ overnight and everyone wanted a slice of the pie.

Elon Musk’s involemenent in Dogecoin made it to rise to the top in 2021, and investors hoped that his tweet about Baby Doge Coin will deliver similar results. It is believed in the crypto sphere that Musk can singlehandedly make or break a crypto with his tweets.

Looking at the speed at which the meme-currency is growing, it won’t be a surprise to see it reach 1 million holders by the end of the week or the beginning of next week.

Baby Doge Coin ETH Bridge

Baby Doge Coin is all set to launch the ETH bridge and would go live with the development on Thursday. After the upgradation, the token will be available for purchase at Uniswap.

”Our countdown to ETH bridge begins! ETH bridge will launch this Thursday @ 11am EST #BabyDoge will be on @ethereum!” tweeted its official handle.

The ETH bridge is the most awaited development and investors believe its price could propel after the upgradation. Several investors have taken entry positions in the coin and are waiting for the ETH bridge to go live. Once the upgradation is complete, their investments could spike up and deliver the desired financial results.

The coin is up +83.6% in its 30-trading days and was up +10% yesterday. The coin is sending mixed signals today but is expected to shot up when the ETH bridge upgradation is completed.

Baby Doge Coin has continuously added new investors into its fold and this made its price to go north. At the time of publishing, Baby Doge Coin was trading at $0.000000003194 and is up +9.0% in the days trade.