Baby Doge Appeals to Millions Announcing Wallet, App, Exchange, and Debit Card

Baby Doge launches a massive product suite, including a debit card that promises users to transact Baby Doge with millions of merchants worldwide.

By
John Tunney
on
September 6, 2021
Category:
BSC News

Baby Doge Launches Debit Card 

Baby Doge Coin has recently announced that they plan to launch a debit card, a wallet, an app, an exchange, and more products soon.  Notably, a new Baby Doge Exchange will be created within the wallet to initially make all transactions sans fees.

Baby Doge, on September 5th, tweeted out that they would be launching their suite of new products. The product line seems to combat Baby Doge’s issue with establishing partnerships with merchants who would accept Baby Doge as payment. 

“We have been trying to build partnerships with different brands to accept baby doge...we aren't going to let you spend baby doge with one merchant. Instead, we will let you do it with millions,” Baby Doge wrote in an explanation update post.

Baby Doge looks to add further value to its protocol by implementing and launching this newest product line. Allowing users to purchase products and services with Baby Doge through their Debit Card and features deriving from their product suite will significantly increase the product’s use cases. 

Source

More than a Token

It seems now there has become a growing trend of alt-coin protocols implementing new products and services to give their platforms a real reason people should hold and utilize its tokens. This trend is perhaps best exemplified in SafeMoon’s recently failed Wallet launch, where the protocol looked to add real use cases and value through a product suite. 

On the surface, Baby Doge will fair no different with their newest product launch. Alt-coin protocols garner massive hype and attention, but after the hype usually dies. Many alt-coin projects are beginning to feel the market demand for more than just a token with a cute name and tokenomics rewarding the first couple to invest. 

Baby Doge continues to come out with new products and offers to provide tangible, real-world use-cases. Time will tell if Baby Doge’s recent suite of products will fare well against the other alt-coins protocols. 

At the time of writing, $BABYDOGE is down 31% over the last seven days $0.000000000762, at ​​$0.000000000762, according to CoinMarketCap.  The coin is also down 96% from its all-time high. 

Originally BSC.News saw no mention of exchange or transaction fees in the official Baby Doge Release. Our publication believed the protocol would follow their tokenomics which include a 10% transaction fee. We originally published this article saying the 10% fee would exist for the new wallet. The Baby Doge Team subsequently clarified via Tweet that there will be no fees at launch for the wallet. The team also confirmed there will be no token burn involved.

What is Baby Doge? 

Baby Doge is a Binance Smart Chain (BSC) cryptocurrency meme coin, which started as a play on Dogecoin. Baby Doge became incredibly popular when Elon Musk tweeted out his ‘support’ for Baby Doge.

The tweet propelled Baby Doge front and center into the mainstream meme coin communities. Since then, the platform has seen tremendous growth.

The Baby Doge token, although considered a meme coin, is now popular and well known for its charitable donations to help unhoused dogs. The platform goes above and beyond by also implementing a charity-based token comic system. 

Baby Doge’s charity-based tokenomic system has a charity crypto-wallet that receives token redistributions. Their charity wallet is then specifically designed to have funds used to support Baby Doge’s charitable partners. 

We sure bet you would love to know more about Baby Doge Coin. Visit these official Baby Doge links:

Website | Twitter | Telegram | Reddit 


*This article was edited for accuracy on 7 September to fix errors regarding transaction fees.

Tags:
John Tunney

John Tunney is an accomplished analyst and crypto enthusiast. The UCLA alum has been actively reporting and blogging for 3 years, and has a passion for all things finance.

Text Link

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.