The meme-inspired cryptocurrency Baby Dogecoin ($BABYDOGE) has recently been listed on a popular cryptocurrency exchange, KuCoin, at a time in which its performance year-to-date has seen its price surge around 250%.
KuCoin is a leading global cryptocurrency trading platforms with a 24-hour trading volume of over $800 million, that supports over 700 digital assets across a growing number of trading pairs.
The announcement revealed that KuCoin has activated the deposit feature for BabyDoge, with trading scheduled to commence on April 18, 2023, at 10:00 AM (UTC), offering a BABYDOGE/USDT trading pair.
BABYDOGE, it’s worth noting, was launched on top of the Binance Smart Chain network, while SHIB and other memecoins were launched on top of Ethereum. As CryptoGlobe reported, the number of wallet addresses holding BabyDoge has at one point surpassed those holding onto Shiba Inu.
The meme-inspired cryptocurrency was developed as a hyper-deflationary token looking to become an “improved” version of Dogecoin, while championing its mission of rescuing dogs. Each BABYDOGE transaction is taxed at 10%, 5% of which are distributed to token holders and 5% of which are allocated to a liquidity pool.
The project has been burning an increasing number of tokens over time in a bid to reduce its circulating supply. The cryptocurrency’s new listing comes after the team behind it hinted at a listing on a top 5 cryptocurrency exchange.
Launched in 2017, KuCoin has become one of the world’s largest digital asset trading platforms and reportedly has over 27 million registered users from more than 200 countries.
Alongside its KuCoin listing, BabyDoge has witnessed significant development with its recent integration into Travel Care, a prominent travel agency. This collaboration allows BabyDoge holders to access millions of travel services, including bookings at over 600,000 hotels worldwide, flights from over 600 airlines, and more than 100,000 unique experiences.