BabyDoge Holder Count Surpasses Shiba Inu’s, Hitting New ATH

BabyDoge

Baby Doge Coin boasts increase in its holder count, while its community continues to burn large amounts of these BSC-based meme coins

Twitter account @babydogeburn_ announced that the 232nd ranked token, Baby Doge Coin (BabyDoge), has reached a new milestone in terms of its total number of holders.

Besides, another astonishing amount of these canine coins has been sent to dead-end wallets over the past 24 hours. Nearly half of the total supply of BabyDoge has now been burned.

Massive BabyDoge Burns

According to a recent tweet by user @babydogeburn_, over the past 24 hours, the community of this BSC-based canine token has managed to remove a total of 6,159,781,942,879 BabyDoge from circulating supplies, and without spending them on the “Inferno” wallet sent in.

The Twitter user specified that, so far, a comprised 198,559,701,264,492,704 BabyDoge coins have been sent to dead-end wallets, which is slightly over 47% of the total supply. The latter constitutes 420,000,000,000,000,000 BabyDoge.

The number of BabyDoge holders exceeds that of the Shiba Inu

The more good news for the BabyDoge army is that the number of holders of this coin continues to grow. According to another recent tweet from the above source, the total number of BabyDoge holders has crossed 1,608,600.

Reaching this milestone, BabyDoge has surpassed another popular meme token (but built on the Ethereum chain and trading in the top 15), Shiba Inu. Recently, SHIB’s holder count has reached 1,212,044, per data shared by WhaleStats wallet tracker.

Earlier this month, BabyDoge was listed on the leading crypto exchange Poloniex. Earlier, the coin was added as a payment option by the FCF Pay and NowPayments platforms. On August 15th, Blockchain launched its testnet.

Whales keep buying Shiba Inu and then selling it

WhaleStats on-chain data tracker has spread the word that over the past 24 hours, the 100 largest whales on the Ethereum chain have grabbed $17 million worth of Shiba Inu. This is equal to 1,291,793,313,069 Shiba Inu meme coins.

According to recent data, whales now have $119,787,272 in SHIB. This indicates that top Ethereum investors have again sold a substantial portion of SHIB, this time valued at $37.3 million.

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