Little Baby Doge Attacks Whale Manipulation

During this festive season, the Little Baby Doge project seems to be firing from all cylinders in terms of anti-dumping mechanisms.

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BSCNews
on
December 28, 2021
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Little Baby Doge Battles the Whales

After activating their unique buyback feature, a new approach to rid their platform of market manipulation has arrived from Little Baby Doge.

Market manipulation is the act of artificially inflating or deflating the price of a security or otherwise influencing the behavior of the market for personal gain. Manipulation is illegal in most cases, but it can be difficult for regulators and other authorities to detect.

Resolving the Whale Manipulation Conundrum

In market manipulation, the manipulator tries to influence the token price by using the large amounts of tokens they hold to sway the market to their favor. In crypto, the definition falls close to this: large holders of tokens are called whales, and their actions may manipulate cryptocurrency valuations.

For Little Baby Doge, whale manipulations are a thing of the past.

With an exclusive Anti-Whale System, the project is able to prevent whales from dictating market value. The project’s focus is on the preservation of every investor's $LBD tokens from unsanctioned dumps.

Multiple kinds of whale movements matter in cryptocurrency investing, explained below are some of the approaches employed by the Little Baby Doge project to help investors fall into risky situations.

Little Baby Doge Anti-Dumping Policy

An anti-dumping policy is a set of rules that prevents investors from falling victim to pump and dump schemes. Dumping is a term that refers to an occurrence when a big investor, also known as a whale, buys a huge number of tokens to substantially increase the price before selling all of it for a large profit. Below are the project’s leading mechanisms against illegal whale dumps.

Unmatched Buybacks

To protect investors, there are more policies in place apart from anti-dumping, such as buybacks. $LBD uses a buyback policy for many reasons—to lower the number of tokens in circulation with time, to ensure the value of $LBD tokens maintains an upward trajectory, and many more.

By activating buybacks, the project looks into significantly raising $LBD token value, generating speculation, and protecting their investors.

The $LBD Smart Contract

The $LBD smart contract is designed with an anti-whale feature that pegs purchases and sales not greater than 0.1% of the total supply at a single transaction. This goes either way for every sale and purchase, including our team tokens.

In addition to this, if a whale decides to buy a larger amount than this percentage, an extra transaction is needed with 13% tax in tokenomics implemented.

The Little Baby Doge project has successfully understood whale movements, signals, and behaviors and come up with the key to cryptocurrency investing: implementing working anti-whale features. This new level of transparency provides information about items much more than transaction confirmation or its integrity.

The project has come up with easier and clearer views than technical analysis that not only help the seasoned investors, but also provide reprieve to the average retail investor.

About the Little Baby Doge Project

Little Baby Doge is a hyper-deflationary decentralized buyback token, community-driven project that aims to reduce global warming by using the crypto ecosystem to wage a war against climate change. The focus is on revamping the crypto scene by looking for new approaches through which cryptocurrencies can use to fight climate change as well as taking part in charitable endeavors.

Founded in Stockholm, Sweden in 2021 by an international team of climate change activists, the team is trying a slightly different strategy than what has previously been explored. It's all about making climate change charity fun rather than focusing on the dreadful consequences of climate change. As the project's success grows, the altcoin's attempts to help more charities will increase, solidifying it as one of the most interesting new altcoins in the crypto market.

The visionary underdog in the Dogecoin family offers comprehensive digital investment alternatives whilst maintaining its fight against the climate menace.

The Little Baby Doge token is working tirelessly behind the scenes to break the proverbial memecoin ‘glass ceiling’ by doubling down on its partnership and marketing efforts.

For more information, visit the project’s website and socials:

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