BNB
by BSCN
August 14, 2024
The petition highlights BabyDoge’s proven track record, its role in driving transaction volumes on the Binance Smart Chain, and its alignment with Binance’s vision of financial inclusion.
BabyDogeCoin (BABYDOGE) has initiated a petition to be listed on Binance in order to broaden its market reach.
The petition reflects BabyDoge's growing influence and its potential to contribute significantly to the Binance ecosystem. As BabyDoge celebrates its third anniversary, the request aims to leverage its established community and diverse ecosystem.
The BabyDoge team has put forward the following reasons behind the petition:
Since its launch, BabyDoge has shown growth, with over 1.8 million holders globally. According to the team, it stands out as the most-held token on the Binance Smart Chain (BSC), reflecting its strong market adoption and community support.
Despite potential concerns about trading volume, BabyDoge reportedly demonstrated significant trading activity in a consistent manner.
“The claim that volume might not be sufficient overlooks the fact that BabyDoge has already proven its capability to generate significant trading volumes, particularly during key market events and community-driven initiatives,” BabyDoge stated.
The petition argues that a listing on Binance would likely boost this activity, leveraging the platform’s extensive reach to unlock further liquidity and trading potential.
BabyDoge has evolved beyond a meme coin into a multi-faceted cryptocurrency. BabyDoge stated, that its ecosystem now includes BabyDogeSwap, an educational channel for kids, an upcoming music platform, NFT marketplace, and a charitable arm that has donated millions to animal shelters worldwide.
BabyDoge boasts one of the most engaged social media followings among meme coins. Its active presence on platforms like X, Telegram, Facebook, Instagram, and YouTube has reportedly amplified Binance’s visibility globally.
BabyDoge’s mission aligns with Binance’s goal of expanding financial freedom worldwide. Through its charitable efforts and community-driven approach, BabyDoge supports financial inclusion and societal impact, as per the BabyDoge team.
The petition was announced approximately two hours ago and has already garnered over 2,500 signatures, at the time of writing.
The recent update comes one month after the launch of BabyDoge PAWS Clicker, a game on Telegram, aimed to increase engagement and introduce new users to the BabyDoge ecosystem. The game features customizable BabyDoge characters, rewards, and NFT minting, potentially driving further interest and buy pressure.
According to BabyDoge, increased visibility from the game may lead to licensing deals and merchandise opportunities, further supporting the project financially.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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