Cryptocurrency Q&A
How much did the Baby Doge Coin burn?
How much did the Baby Doge Coin burn?
Giulia
Wed Sep 25 2024
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6 answers
1370
I'm curious to know, can you clarify for me how many Baby Doge Coins were burned during the recent burn event? I understand that coin burning is a strategy used to reduce the total supply of a cryptocurrency, potentially increasing its value. So, I'm eager to find out the specific number of Baby Doge Coins that were burned and what the implications of this action might be for the coin's future value and adoption.
6 answers
Raffaele
Fri Sep 27 2024
Since the inception of the burn portal on February 13th, 2023, an astonishing amount of Baby Doge tokens have been permanently removed from circulation.
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Stefano
Thu Sep 26 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the evolving needs of the crypto community. Among these services are spot trading, futures trading, and a secure wallet solution.
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Lucia
Thu Sep 26 2024
Specifically, over 204 quadrillion (204,922,132,541,167,936) Baby Doge tokens, representing a significant 48.79% of the total supply, have been burned.
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Carlo
Thu Sep 26 2024
This reduction in the total supply of BABYDOGE tokens is a strategic move aimed at increasing the scarcity and potential value of the remaining tokens.
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Daniela
Thu Sep 26 2024
Initially, the total supply of BABYDOGE tokens was set at 420 quadrillion (420,000,000,000,000,000). With the burn process in full swing, the current circulating supply has been significantly reduced.
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