One meme coin to look out for, particularly, this year is BabyDoge as it has reached an astonishing 1,325,000+ holders. Regarded for its hyper-deflationary static reflection, BabyDoge is creating small but big ripples in the crypto market. With just nearly a month into 2022, BabyDoge has jumped 99%.
This pupcoin is sure to cause a frenzy as it has been steadily rising and looks quite promising. Experts a few months ago said BabyDoge Coin was bullish as it overcame the wave ridden high by its larger pupcoin rivals. Thomas Yeung, an analyst at InvestorPlace, was quick to write off BabyDoge as a “cheap knockoff”. He said its collective value would most likely shrink off in 2022.
But BabyDoge Coin is not to be left behind in the pup race. Investors have been looking at it with the same interest they have given to its father – the Dogecoin! And Crypto Academy foresees the token’s range of projects and strong community backing. The price is set to reach $0.00000006 by 2022-end. BabyDoge is likely to hit $0.00000012 by 2024 and rise as much as $0.00000015 by the year’s end.
Wallet Investor sees growth ahead for the pupcoin. It said investing $100 in BabyDoge Coin means a net total of 25,171,924,243 BabyDoge. The revenue growth for a five-year investment would be around 150%. This means that the $100 investment would be worth double and a half, that is $250, by 2027. But Telegaon believes that BabyDoge appears volatile and would be bullish into 2025.
The pupcoin has been trending on social media, mainly Twitter in the past week.