BabyDoge is up by 52.54%, exchanging hands at $0.000000001641 at the time of writing this article. The surge comes within 24 hours, further reflecting a jump of over 76% in the last 7 days. The community has hailed the increase in the token value, and rightfully so, considering the near-term prediction, it is expected to grow by nearly 224.86% from the current value in the next 30 days. That will take BabyDoge to approximately $0.000000003457. Volatility is at 5.89%.
Source: CoinMarketCap
There is also a significant surge in the 24-hour trading volume and market cap. When the content is articulated, they increase by 467.59% and 54.32%, respectively.
A rapid rise in the value of BabyDoge comes in the wake of a hint that the team dropped to the community. It pertains to the upcoming PAWS airdrop. The new token will be airdropped soon, and the date is anticipated to be shared shortly. On Telegram, BabyDoge has at least 2.8 million monthly users. That is sufficient to cause a reasonable spike in the token value.
PAWS will serve as an in-game reward token that players can earn by tapping and completing the tasks. It will act as a passive income for players who can use PAWS to level up or upgrade in-game attributes. Upgrading attributes helps players boost their passive income. When players upgrade their attributes or level up in the game, they receive additional rewards. They can also earn rewards passively when they are offline. The mechanism fetches rewards for a maximum of 3 hours after players are offline.
Inviting friends and families is another way to earn additional rewards.
Players can participate in the airdrop provided they are actively engaged with the game, Baby Doge PAWS. The date for airdrop is yet to be announced, but it will certainly require players to tap the screen and complete tasks to earn rewards.
According to reports, the launch of tap-to-earn titles is on the rise. Telegram, alone, has seen several launches, including that of Hamster Kombat. The game is on The Open Network (TON), with an airdrop scheduled for September 26, 2024. Exchange platforms like MEXC, Binance, CoinDCX, Gate.io, and KuCoin will later list the token.
As for BabyDoge, it has partnered with Yescoin to expand its crypto gaming horizons. The development dates back to the middle of June this year when BabyDoge stated that the objective was to hit new heights in the crypto industry. Both called their partnership a huge step forward, adding that they are now unstoppable.
BabyDoge had taken advantage of that opportunity to announce plans for launching its Telegram game.
There has been a notable uptick in token value and market cap for BabyDoge. Its market cap was $136.18 million at the start of the week. It went up to $154.89 million as of September 16, 2024, closing time. Similarly, at the start of the week, the closing token value was $0.0000000009594. It surged to $0.000000001079 at the end of September 16, 2024.