© Reuters Elon Musk’s Favorite Dogecoin ‘Knockoff’ Leaves Shiba Inu In Dust With 17% Gains Ahead Of Burn Portal
Benzinga – Baby Dogecoin (CRYPTO: BABYDOGE) is up 17% in the last 24 hours, beating top meme coins by market capitalization.
What Happened: At the time of writing, BABYDOGE was trading at $0.000000003539.
Dogecoin (CRYPTO: DOGE) was trading at $0.091, up 1.20%. Shiba Inu (CRYPTO: SHIB) was at $0.00001418, up 1.71% in the last 24 hours, according to Benzinga Pro data.
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The rally in BABYDOGE comes as the meme coin is seven days away from the release of burn portal.
Earlier, last week the team behind the meme coin burned 682 trillion BABYDOGE worth an estimated $1,091,200.
Elon Musk tweeted about Baby Doge in July and helped jack up its price by as much as 130% at that time. Musk’s message, referencing the viral children’s song “Baby Shark Dance” and YouTube’s most-viewed video with 8.8 billion hits, said “Baby Doge, doo, doo, doo, doo, doo.”
Read Next: Bitcoin, Ethereum, Dogecoin Soar On Hopes Of Fed Dovishness: Analyst Says $30K Is ‘Still A Magnet’ For Apex Crypto
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