Baby Doge Coin Burn Portal Goes Live: Is $0.01 Going To Be a Reality?
Baby Doge Coin launched its much-awaited burn portal on Monday and will send millions — and billions — of $Baby Doge tokens to the dead wallet. The meme coin has a maximum circulating supply of 420 quadrillion tokens, and the burn portal aims to aggressively reduce the supply to create scarcity. If the auto-burn mechanism focuses on reducing quadrillions of supply each year, it could eventually pave the way for Baby Doge to reach $0.01. However, reaching the 1 cent milestone is a long way to the top, considering the 420 quadrillion tokens in supply. Around 46% of the overall supply has already been “burned up” until 2023. Burning the rest of the 226 quadrillion tokens is quite a task, and the portal needs to run as a non-stop mill, 24/7, for several years. Also Read: Baby Doge Coin Climbs 300% in 2023: How High Can it Go Next? You can access more details about the burn portal by clicking here . The meme coin is attracting heavy bullish sentiments and ...