BabyDoge Coin harbors more than 1.2 million holders; Will Binance finally list it?

Sahana Kiran
Binance could list BabyDoge Coin
Source: Pexels

BabyDoge Coin is the talk of the crypto town. The meme coin has managed to make headlines almost every day by breaking several records. More recently, the asset shattered the ceiling as it recorded a whopping 1.2 million in token holders.

Inspired by the OG meme coin, Dogecoin [DOGE], BabyDoge Coin made its debut in June 2021. Ever since then, the meme coin has witnessed nothing by laurels. As the altcoin awaits a listing on the prominent cryptocurrency exchange, Binance, it went to shatter more of its personal records. The altcoin flipped Ethereum twice, to become the most traded token among the top 1000 BSC wallets.

WhaleStats, a Twitter account announced that the total token holders of the BabyDoge coin had surpassed the 1.2 million mark. The tweet read,

This surge in the number of token holders is speculated to get BabyDoge a spot on the prominent crypto exchange Binance. While the crypto-verse harbors thousands of coins, the pressure on exchanges to filter and list the legit ones is high. Binance is certainly being bombarded by the community of several coins.

Further explaining the criteria of listing an asset, CZ had previously stated,

“If a coin has a large number of users, then we will list it. That’s the overwhelming significant attribute. Consider for example meme tokens, even though I personally don’t get it, if it’s used by a large number of users we list it. We go by the community, my opinion doesn’t matter.”

This significant rise in BabyDoge holders could pave the way for a listing.

BabyDoge pockets big gains

Even during crypto carnages, BabyDoge managed to remain untethered. At the time of writing, the meme coin was seen mirroring the market sentiment as it was surging by 4.3% over the last 24-hours. Furthermore, the meme coin was trading for $0.000000004159. The 24-hour trading volume of BabyDoge stood at $28,429,211.

With a market cap of $684,733,551, BabyDoge took over the 149th rank on CoinGecko.