Multi-chain meme coin Baby Doge Coin has experienced a significant price surge following its listing announcement from Binance.
Binance, known as the world’s largest cryptocurrency exchange by trading volume, announced today that it would list Baby Doge Coin (BabyDoge) alongside Neiro (NEIRO) and Turbo (TURBO) for spot trading. This news has sparked renewed interest among traders, leading to a rapid price rally for BabyDoge.
According to Binance, trading for the 1MBABYDOGE/USDT pair commenced at 10:00 UTC today. The exchange also opened deposits for the listed coins one hour prior to the start of trading, allowing users to prepare for the market launch. Withdrawals are scheduled to be available starting tomorrow, Sept. 17. Notably, no listing fees were charged for these assets.
Following the announcement, BabyDoge saw a dramatic price rise, spiking by more than 86% this morning to reach the $0.000000002 psychological level for the first time in over three months.
This marks a substantial recovery for BabyDoge, which had been under pressure since mid-June, along with much of the broader cryptocurrency market. Despite encountering resistance at the $0.000000002 level, BabyDoge has managed to maintain a 57% gain over the past 24 hours.
Currently, BabyDoge is trading at $0.0000000017060, up 59% this morning. The price has breached the upper Bollinger Band at $0.0000000013246, indicating significant deviation from its typical range and high volatility in response to the Binance listing announcement. However, this also suggests that the token is currently overbought, and a price retracement could be imminent.
Additionally, the Commodity Channel Index (CCI) for BabyDoge has surged to 549, confirming the strong upward momentum. Such a high CCI reading indicates heightened buying pressure, with trading volumes spiking to levels last seen in late August.
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