🌎 Baby Doge Coin Surges 37% Amid Binance Listing and Airdrop Buzz

Baby Doge Coin has experienced significant growth, rising for four consecutive days to reach a high of $0.0000000028, its highest level since March.

Puppy.fun Airdrop Ahead

Baby Doge Coin, one of the largest meme coins, has surged by 37% in the last seven days and has increased by 250% from its lowest point this year. Its market cap has grown from $180 million in January to over $417 million.

The token’s rally began in September when it was listed by Binance, the largest crypto exchange in the industry. According to CoinGecko, BABYDOGE’s 24-hour volume on Binance was $94.23 million, accounting for 98% of the total volume. It was also recently listed by BiKing, a gaming and crypto exchange.

Baby Doge Coin spikes 57% following Binance listing

The rally coincides with the upcoming launch of Puppy.fun and its airdrop. While details are limited, Puppy.fun is expected to be the next meme coin generator in its ecosystem.

These generators have gained popularity recently. For instance, all meme coins generated in Solana’s Pump.fun have accumulated a market cap of over $1.3 billion, while their all-time fees collected have risen to $122.48 million. All Sun Pump tokens have a market cap of over $366 million.

Utility and Developments

While Baby Doge Coin is primarily a meme coin, its developers have worked to create utility for the token. They launched the BabyDogeSwap DeFi platform, where users can swap, earn, and buy NFTs. According to DeFi Llama, BabyDogeSwap has a total value locked of over $2.14 million.

The BABYDOGE token has also rallied amid rumors that it may be listed by Coinbase and that developers plan to expand it on Solana (SOL) and other chains.

Price Analysis

The daily chart shows that the BABYDOGE token surged in September following its listing on Coinbase. Prior to this, it had formed a falling wedge pattern, a common bullish reversal indicator.

On September 27, it formed a golden cross pattern as the 50-day and 200-day moving averages crossed. Typically, an asset continues its bullish trend after forming a golden cross.

Baby Doge Coin crossed the important resistance point at $0.0000000027 on September 28. Therefore, a move above October 9’s high of $0.0000000028 could signal further upside.