On launch Baby Doge Coin (BabyDoge) saw a 1000% price gain in week one. Should you buy Baby Doge right now though? We review the best places to buy Baby Doge in this guide if you do decide to invest in Baby Doge.

We’ll cover where to buy Baby Doge crypto tokens and whether this relatively new meme coin will match the past performance of other meme crypto assets like DOGE and SHIB, and alternatives to investing in Baby Doge. Is it just a short term fad? Are the crypto markets in the right conditions for the next Shiba Inu?

How to Buy Baby Doge Crypto – Quick Guide

There are not many crypto platforms yet in 2022 that have listed Baby Doge. Here’s an overview of the best ways to buy Baby Doge:

• ✅ Step 1 – Select a Crypto Exchange: The most beginner friendly method is to open a Coinbase wallet and swap crypto for Baby Doge within it following the instructions on their website. Or more experienced traders can use Pancakeswap as it has listed Baby Doge.

• 💳 Step 2 – Deposit Funds in your account: A centralized exchange (CEX) like Coinbase can be used with bank cards and ACH transfers, and on decentralized ones like Pancakeswap DEX you can use crypto deposits to buy other cryptos.

• 🛒 Step 3 – Buy Baby Doge: Whether on Coinbase or Pancakeswap, only invest what you can afford to lose as meme coins are volatile. You can also create an account on eToro as it may list Baby Doge soon (it has listed DOGE and SHIB) and offers copytrading that can be more profitable than trying to time the 24/7 crypto markets yourself.

Check Out Our #1 Meme Coin

Where to Buy Baby Doge Coin – Best Platforms

While there aren’t many places to buy Baby Doge yet without the use of Pancakeswap, which some traders find complicated, some our recommended crypto platforms might list the Baby Doge crypto asset (ticker symbol BabyDoge) soon as they have already listed Dogecoin and Shiba Inu.

1. PancakeSwap: Direct Way to Buy Baby Doge Coin

PancakeSwap is one of the major exchanges where you can buy Baby Doge Coin. It is a decentralized exchange for swapping BEP-20 tokens.

Pancakeswap uses an Automated Market Maker (AMM) model. Users trade digital assets on the platform – there isn’t an order book where one user is matched with other. Instead the trade takes place against a liquid pool.

These liquid pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider tokens (also called LP tokens) in return. You can trade tokens, add liquidity and earn rewards at the same time. PancakeSwap allows users to yield farm its governance token – CAKE.

PancakeSwap supports the MetaMask Wallet, Trust Wallet, Wallet Connect, Binance Chain wallet, and other crypto wallets. The DEX also offers options to earn and win NFTs and win new tokens through IFO or Initial Farm Offerings. It has been audited by CertiK.

It is the biggest AMM project on the Binance Smart Chain with lots of innovative features to explore. PancakeSwap certainly is a pioneer entire DeFi trend. Some beginners can find it difficult to use though.

Like many small altcoins, the Baby Doge token was first listed on Pancakeswap. Floki Inu was also, and similarly hasn’t yet made it onto major crypto exchanges.

Another meme coin worth checking out is Kiba Inu. We’ve provided a detailed Kiba Inu price prediction for 2022-2025.

2. eToro: Could List Baby Doge Coin in 2022

The eToro platform launched in 2007 and since then has been supporting digital currencies and their trade, selling, and buying. The platform is regulated by the Securities and Exchange Commission (SEC) and registered with FINRA.

Users have many options to buy crypto on eToro. The payment methods range from debit cards to PayPal and ACH. It’s accessible and can be used with a minimum deposit of $10 for users based in the US and UK. Being a major crypto exchange platform, it offers all the blue chip high marketcap coins such as Bitcoin, Ethereum, Ripple, Solana and 60+ more.

Users also have the option of staking crypto and earning passive income that way. It also allows its clients to diversify their portfolios by allowing them to invest in traditional assets such as stocks, ETFs, indices, and forex markets, as well as cryptocurrencies.

While eToro currently hasn’t listed Baby Doge on its platform, it may do in 2022. The platform has already listed SHIB and DOGE.

Hence, waiting for eToro to add Baby Doge and investing through the exchange might be a good call, considering that it is a regulated crypto exchange platform with useful functionalities for any crypto investor.

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Cryptoassets are a highly volatile unregulated investment product.

3. Crypto.com: Earn Interest on Dogecoin

Crypto.com stands out as a destination for many to buy cryptocurrencies from. The platform, which has around 10 million-plus users and 250+ listed cryptocurrencies, is another place you can look to buy crypto.

Crypto.com aims to help its users with a safe, cost-effective and functional platform to invest in crypto. As soon as your account is opened, and you are done with the KYC process, there are various methods to buy cryptos.

One of the major advantages of Crypto.com is its recent partnership with Visa to launch a Crypto.com Visa card, which is exclusively curated for the users of the platform. This prepaid metal card has a list of other features and can be used to withdraw money from the ATM, acting like an actual bank card.

Crypto.com charges a commission of 2.99% to buy any cryptocurrency with a debit card. As a welcome offer to its new users, the platform waives this commission for the first 30 days. Another interesting feature available on the Crypto.com platform is the Crypto Earn feature. This allows you to earn interest crypto investments just being held in your account. That includes earning interest on Bitcoin and DOGE.

While Crypto.com hasn’t listed Baby Doge yet, with the trajectory that Crypto.com is on, it might very well do so. The exchange has become one of the most popular and largest crypto platforms.

Similar to eToro, it already listed Dogecoin and Shiba Inu on the platform. So it may be looking at listing cryptocurrencies like Baby Doge to tap into the pop culture around meme coins and attract more users.

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Cryptoassets are a highly volatile unregulated investment product.

4. Coinbase: Buy Baby Doge Coin via ETH Swap

Launched in 2012, Coinbase focuses on ease of use and being beginner friendly in all its features. It’s even listed on the NASDAQ, and with more than $289 billion in assets, it is easily one of the largest crypto exchanges in the world.

Coinbase allows users to buy Baby Doge by first buying Ethereum from Coinbase. Then Coinbase has a self-custody wallet, which is required to purchase Baby Doge. Open a Coinbase wallet account and keep your recovery phrase safe.

After you buy Ethereum, you can transfer it to your Coinbase wallet. You can then buy the Baby Doge right from the mobile app.

Tap on the ‘Trade’ button on the app, where ETH can be swapped for any token running on the Ethereum blockchain. Tap on ‘Choose coin’ and select Baby Doge from the list. Enter the amount of ETH you’d like to exchange for Baby Doge. Confirm the purchase transaction and follow the instructions on the screen to place the final buy order.

Open a Coinbase account via the links on this site for a sign up bonus of $10 worth of free Bitcoin, which you can swap for ETH to buy Baby Doge.

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Cryptoassets are a highly volatile unregulated investment product.

5. Binance: Buy Baby Doge Coin with Trust Wallet

Binance is one of the largest crypto exchanges in the world. It has more than 100 million users and over 600 cryptocurrencies listed on the exchange. It has low fees favorable for crypto investors, charging a 0.1% maker / taker fee.

Since Baby Doge is based on the Binance Smart Chain you can use Binance’s wallet to buy Baby Doge. Simply open a Binance account, sign up for its Trust Wallet and add BNB tokens to your wallet.

After adding BNB (Binance Coin) to your wallet, you can now go ahead and purchase Baby Doge. Visit Pancakeswap and connect your wallet to the website.

After connecting your wallet, you can buy Baby Doge by swapping BNB for it on the Pancakeswap DEX platform. Be careful to get the right contract address from the official Baby Doge website as there are scams where fake Baby Doge listings are created, as for all coins on DEXes.

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Cryptoassets are a highly volatile unregulated investment product.

What is Baby Doge Coin?

In 2021, when the world was slowly getting used to cryptocurrencies, and bringing them into the mainstream, the popularity of meme coins took center stage.

The meme coin phenomenon began with the likes of Dogecoin and Shiba Inu, and finally led to the launch of Baby Doge Coin (BabyDoge) in 2021, coming up as a new entrant in the world of meme-based cryptocurrencies. The website of Baby Doge, calls “DOGE” the father of the Baby Doge token. Sometimes people refer to it as Baby Dogecoin.

After its launch on June 1, 2021, Baby Doge saw a 1,000% spike in its price within days. By the third week of its launch, the cryptocurrency had a market cap of $200 million. Moving to the fourth week, Baby Doge coin already had 160,000 holders.

Baby Doge is a hyper-deflationary token that was launched with an aim to make Dogecoin better. Baby Doge is technically innovated by the existing community of fans of the Doge meme.

Dogecoin vs Baby Doge

Taking cues from DOGE, Baby Doge can consider itself a “new improved” version of its predecessor.

While many see the Baby Doge project as a light-hearted cryptocurrency joke, it is more than that, with the team behind the project working on rescuing dogs and making charitable contributions to that cause.

The project aims at improving the transaction speeds of the Dogecoin. With the new coin being hyper-deflationary along with being a static reflection, Baby Doge rewards holders on each transaction.

For each transaction a user makes, more Baby Doge are added to their wallets. 5% of each transaction that takes place on the Baby Doge ecosystem is redistributed to the holders of the coin.

The true founders of the project are still unknown, and their names aren’t mentioned on the official website of Baby Doge either. However, the project remains quite active on social media.

According to the Baby Doge whitepaper, it aims to be listed on a large number of crypto exchanges worldwide.

The project has a clear predefined roadmap for what the future holds for it. The Baby Doge roadmap is divided into a number of phases. Phase 1 was birth, which involved awareness about the entire project and developing digital channels for the coin.

By the final phase, the Baby Doge blockchain project aims to donate up to $750,000 to dog shelters, aiming at 300,000 holders and more.

Also when the coin reaches a $100 billion market cap, the project aims to carve a Baby Doge into a mountain and establish their own ‘religion’ when it reaches a $500 billion market capitalisation.

Even after tweets by Elon Musk, not many crypto experts are keen on Baby Doge. It is recommended to invest Baby Doge carefully and treat it like a lottery rather than a long-term investment plan.

Unique Features of Baby Doge

Every token and blockchain project has its own set of benefits and unique features which sets it apart. Here are some of the features of Baby Doge in comparison to Dogecoin:

• Faster transaction speeds – Thanks to the hyper deflationary model in place

• Lower Transaction Fees – Baby Doge has a very low transaction fee of less than one cent in USD, lower than Dogecoin

• Ample Supply – The total supply is 420 quadrillion coins

• Incentives – Traders have to contribute a certain percentage of their coins to the redistribution process and the liquidity pool. It incentivizes people to hold and not sell

• The Baby Doge Debit Card – This allows users to load fiat money funds via bank transfer. The card enables crypto to be used for retail purchases

Baby Doge Coin Price

Currently the price of Baby Doge is ranging from $0.0000000028 – $0.0000000035. The Baby Doge price can fluctuate by 5-10% or more in a one day period. A typical 24 hour trading volume for Baby Doge can exceed $9.5M, according to Coinbase.

With a total supply of 420 quadrillion Baby Doge, 125 quadrillion are currently in circulation.

The Baby Doge market cap today is $332 million. It it ranked #2899 by market capitalization.

Baby Doge price history 2021 – 2022

Based on its low market cap Baby Doge does have room to grow, and can do that very quickly as it has pumped over $0.0000000060 twice within about a six month period.

It can also then dump back to support levels rapidly however. On the Baby Doge price chart above it has been printing higher lows, and higher highs since October 2021. So it is currently in a bull market, with volatile PA.

Baby Doge Price Prediction

In the bullish case for Baby Doge it could continue to uptrend to retest its all time high, at the current rate of growth by 2023 in the run-up to the 2024 Bitcoin halving where BTC might also set a new ATH.

In the bearish case for Baby Doge, as we saw on the Coinbase price chart above, Baby Doge is still up over 1,100% today. So there is room for it to trade sideways and have a longer correction back to the 2021 lows.

Anything can happen in crypto. It would depend if Baby Doge can deliver on its roadmap and keep its social media community interested. Elon Musk recently acquired Twitter, which is good news for all crypto investors, however he hasn’t mentioned Baby Doge in a tweet since July 1st, 2021.

Best Ways to Buy Baby Doge Coin

When it comes to the number of methods to buy Baby Doge, the options seem to be relatively limited. Considering the fact that the cryptocurrency is listed on a handful of exchanges, the payment methods to buy Baby Doge are dependent upon the exchange you are planning to buy it from.

If you’re buying from Pancakeswap, you can swap ETH or BNB for it via a Coinbase or Binance wallet.

Best Baby Doge Wallet

Once you have bought Baby Doge coins, it’s now time to hold them until you’re ready to sell Baby Doge back into cash.  Since these coins are virtual assets, you’ll need a crypto wallet.

If you are looking for a multi-crypto, simple to use, safe digital wallet, then the eToro Money wallet fits your requirements. Investors can simply purchase, hold, receive, and exchange any crypto on this wallet.

Over 120 cryptocurrencies are supported by the eToro wallet, which also includes in-app conversion for more than 500 different crypto pairs.

Get eToro wallet

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

Since the bull run of Dogecoin and later Shiba Inu, many of dog themed coins and meme tokens have entered the crypto markets. Those are both listed on eToro.

Many of those meme coins don’t have a high utility or use case so may not continue to be a good investment in the long-term if you hold them for years. They can offer short-term profits though if you set take profit orders to sell pumps. You might also want to short meme coins on platforms like Crypto.com that offer leverage, as most meme coin pumps retrace, even ones in response to Elon Musk tweets.

It’s also better to enter crypto projects early rather than buy the top of a meme coin’s bull cycle, as many retail investors do.

One upcoming new meme coin that aims to add more utility than its competitors, by being the rewards token of a play to earn game, is Tamadoge. It’s also not inflationary like Dogecoin – TAMA is deflationary. Its also on presale currently which is the best time to invest in a meme coin.

Tamadoge - The Play to Earn Dogecoin

OUR RATING

• '10x - 50x Potential' - CNBC Report

• Deflationary, Low Supply - 2 Billion

• Listed on OKX, Bitmart, LBank, MEXC, Uniswap

• Move to Earn, Metaverse Integration on Roadmap

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