Will BabyDoge take on the market after Shiba Inu?

Sahana Kiran
Shiba Inu
Source – Unsplash

The crypto-verse proved that memes were much more than mere jokes. Inspired by memes and dogs, a whole new sector in the crypto market popped up. This certainly did not happen overnight. The crypto meme revolution dates back to 2013 when Dogecoin [DOGE] debuted. This paved the way for the launch of relatively newer assets like Shiba Inu [SHIB]. Employing the hype around Dogecoin, Shib managed to witness impeccable growth. Further banking on this, BabyDoge entered the market and hoped to conquer it.

Major payment gateway FCF Pay recently onboarded Shiba Inu and its offspring BONE and LEASH. BONE beat Tron [TRX] and landed a spot on the platform. While the SHIB community celebrated the listing of the trifecta, another community joined in.

FCF Pay has been reaching out to the community for its listing process. In a recent poll, the SHIB community assembled to get LEASH listed on the platform. However, BabyDoge wasn’t far off.


Further, considering the BabyDoge community, FCF Pay had an internal poll that secured the meme coin a listing.

Despite all its efforts, BabyDoge has been given the cold shoulder by Binance. However, the altcoin seems to have managed to find itself shelter elsewhere.

Like Shiba Inu, BabyDoge Coin has been gaining popularity and adoption. Over the last couple of months, the asset managed to find listings while employed as payments, and this has further got the community speculating that the meme coin could attain the same level of adoption as SHIB.

The dainty price of these assets lures in investors. Cryptocurrencies were made for the average Joe. However, most assets have become increasingly expensive. While there’s always an option to purchase a part of it, retail users dive into the meme coin to hold multiple assets.

Furthermore, meme coins have abrupt surges of a significant magnitude. This, in turn, brings in more profits to investors.

In addition to the above factors, most meme crypto networks are community-driven. Extensive marketing by the community makes these assets more visible to exchanges looking to list new assets. The demand for these meme coins has increasingly surged. Therefore, assets like Shiba Inu, BabyDoge, Floki Inu, and others continue to get listing despite the onset of the bear market.