0.9%, 3.9%, 49.9%, 90.6%, 309.4% – These ain’t random percentage figures. They represent the value by which BabyDoge Coin has appreciated in the hourly, daily, weekly, fortnightly, and monthly windows.
The aforementioned numbers are definitely striking. More so, because in the said time frames, most of the large-cap coins have underperformed and their HODLers haven’t been fetched with fancy returns.
But… BabyDoge is cut from a different cloth, right?
Shrugging off the bitter bearishness of the last two months of 2021, BabyDoge has elegantly recovered in a parabolic fashion on its price charts in 2022. The candlesticks that were typically short and red before, have now become long and green. In fact, they’ve been making rapid advancements of late.
Earlier during the day, the coin was seen trading at $0.0000000062, quite close to its $0.000000006341 ATH. However, it did lose some value during the day’s trade and was back to $0.000000005952 at the time of writing.
BabyDoge’s volumes have, more or less, remained high since the beginning of this year. This means that the BabyDoge market is quite liquid at this stage and buy/sell orders are being executed in a much better fashion.
Alongside, the number of HODLers has also been increasing with every passing day. A recent tweet by WhaleStats highlighted,
New Record: #BabyDoge reaches an astonishing 1,300,000+ holders.
Current Holder Count: 1,300,799
What’s more, the top 1000 BNB wallets currently HODL 976,714,388,368,018 BabyDoge worth approximately $5,882,218 USD.
Furthermore, the said tracking platform also indicated that the top 100 BabyDoge HODLers had purchased more coins, for their average balance was up by almost a percent in the past 24-hours. Parallelly, the average value of those coins had shot up by close to 8% in the same time frame.
The past few days have been quite phenomenal for BabyDoge Coin. For the same streak to continue and for the coin to re-enter into its price discovery phase, it is quite essential for the state of the aforementioned metrics to continue improving going forward.