CandleFocus

Here’s why the Baby Doge Coin pumped to March highs

Baby Doge Coin (BABYDOGE) has seen a significant rise in value, reaching its highest level since March. The meme coin has experienced a 37% increase in the last seven days and a 250% increase from its lowest point this year. Its market cap has grown from $180 million to over $417 million. The rally began in September when BABYDOGE was listed on Binance, accounting for 98% of its 24-hour volume. The upcoming launch of Puppy.fun and its airdrop has contributed to the token's recent rally. The developers have also created utility for the token through the BabyDogeSwap DeFi platform. Rumors of a Coinbase listing and expansion on other chains have further fueled the rally. Technical analysis suggests potential further upside if the token surpasses its recent high of $0.0000000028.

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