Baby Doge Coin & Bonk Surge 50% in Escalating Memecoin Rally

Baby Doge Coin puts the pedal to the metal with 50% gains, $500 giveaway and major exchange listing.

Baby Doge Coin Nascar is going fast in an orange and black laser background.
  • The recent canine coin rally was ignited by a Shiba Inu taking over as Twitter’s logo.
  • BABYDOGE returns to the TOP 100 by global crypto market cap at #95 with 2% daily gains.
  • Solana-based Shiba Inu-inspired BONK catapulted to #540 with 50.9% weekly gains.

The latest dog-themed memecoin rally was initiated by Dogecoin’s 25% run right after Elon ‘The Dogefather’ Musk changed the original Twitter logo to the DOGE mascot for three days. DOGE’s rival, Shiba Inu (SHIB), scored solid gains but faced a market price correction afterward and gained just 4.20% in the last seven days.

On the other hand, canine coins on other popular blockchains fetched significantly more. For instance, Baby Doge Coin (BABYDOGE), the leading memecoin on BNB Chain, soared by 39% in the last seven days, increasing the puppy’s price by a whopping 50% in monthly terms. 

Sponsored

Currently, Baby Doge Coin trades at $0.000000003411 but has a significantly larger market cap of $537 million compared to Bonk’s $40 million, as well as 1.9 million followers in comparison to Bonk’s 107,500.

The Great Return of Solana’s BONK?

Surprisingly, the Solana-based memecoin Bonk (BONK), once proclaimed dead by many crypto enthusiasts on Twitter, surged by 50% in the weekly charts. The orange-hued cartoon canine nearly bonked out of the TOP 1,000 by global market capitalization in the past couple of months, but this week’s comeback efforts have been considerable.

The recent success stems from 50% of $BONK being airdropped to the Solana community during launch and is still widely used as a tipping coin. At press time, BONK trades at $0.000000941989, according to CoinGecko. Indeed, the ongoing price spike for BONK has led to many crypto traders putting $BONK back on the watchlist.

KuCoin Adopts Baby Doge, Will Give Away $50,000

KuCoin, the third largest crypto exchange globally, has opened doors for Baby Doge Coin and will list the BABYDOGE/USDT trading pair at 10:00 AM on April 19, 2023 (UTC). To celebrate the breakthrough, BabyDogeSwap’s official Twitter account declared a contest. It asked crypto aficionados to follow the official BABYDOGE account and retweet the message to participate in the $50,000 KuCoin BABYDOGE sweepstakes.

On the Flipside

  • KuCoin launched BABYDOGE deposit options on 17th April 2023 but had to postpone enabling trading pairs on Spot for a day per BabyDogeSwap’s request.

Why You Should Care

Baby Doge Coin has a rapidly growing community with nearly two million followers on BabyDogeSwap.

Sponsored

Explore the latest cryptocurrency news:

Nike Launches Air Force 1 Virtual Sneaker NFTs on Swoosh

Arbitrum Pumps 44% to New Highs as Whales Buy Millions of ARB

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.