BabyDoge Gives Away Tesla and Burns 3 Quadrillion Tokens

The meme coin on Binance Smart Chain finally announced its Tesla giveaway winner after a lengthy competition.

Utulu Hope
November 2, 2021
BSC News

Two-fold Major Update

After two months and numerous entries, BabyDoge has finally announced the lucky winner of its grand prize—2021 Baby Doge Tesla Model 3. In addition, the fastest-growing cryptocurrency confirmed its recent burn. 

Baby Doge burned 3 Quadrillion of its native $BabyDoge coin, worth over $9 Million. The popular meme coin project executed the token burn moments after announcing the lucky winner from its Tesla giveaway contest through Twitter on November 2nd. 

“After 2 months & ~710K entries...we have a winner!” BabyDoge disclosed. “Lucas, check your email so we can deliver your new 2021 Baby Doge Tesla Model 3!” 

The protocol tweeted, with a short clip displaying the winner’s email. With this in mind, we look forward to another update by the popular meme coin on Binance Smart Chain (BSC), showcasing the lucky winner and his grand Tesla prize. 

Baby Doge Meme Coin Records New Milestone

November 2021 will be one to remember for the BSC-based project. Not only did BabyDoge announce the lucky Tesla giveaway winner and its Quadrillion burn, but it crossed over 850,000 $BabyDoge holders. In addition, the protocol marked its fifth month in the industry with a new milestone. 

“We passed 850,000+ #BabyDoge holders,” tweeted BabyDoge on November 2nd. 

The record number of holders comes after the project broke the 775K mark on October 29th. The new milestone also signals the protocol’s rapid growth on BSC, breaking its previous record at a break-neck pace. The alt-coin is currently on a 10% decrease, with a marketcap of over $900 Million and a 24-hour trading volume of $34,253,689. However, the $BabyDoge token was one of the top performers on Coingecko, on November 1st. 

Judging by the recent developments, we expect BabyDoge to keep making massive progress across the entire Decentralized Finance (DeFi) space. 

What is Baby Doge?

Baby Doge Coin is the self-declared ‘son’ of DogeCoin. As we reported earlier this month, Baby Doge aims to set itself apart as the hyper-deflationary pooch of the Doge family. The token also incorporates a similar tokenomic mechanism to SafeMoon, with 5% or each transaction redistributed to token holders.

Visit these official Baby Doge links for more information:

Website | Twitter | Telegram | Reddit 

Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.

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