The virtual crypto card for BabyDoge, powered by Canadian cryptocurrency payments platform FCF Pay, is set to go live in less than 24 hours, according to a tweet from the official account of Baby Doge Coin (BabyDoge).
Despite the significant adoption news that will soon be announced, BabyDoge’s price is now down, trading at $0.000000002642, or negative 2.45% over the previous 24 hours.
BabyDoge card is coming
It was not clarified by BabyDOGE or FCF Pay whether it would be a prepaid virtual card or a gift cryptocurrency card. In either case, this action will increase the usefulness and uptake of the well-known meme currency BabyDoge.
SHIB, LEASH, and BONE were added to the prepaid cryptocurrency cards offered by the aforementioned crypto payments gateway earlier this year along with Visa and Mastercard.
Overall, these prepaid cards work with a variety of blockchains, including Tron, Solana, Ethereum, and Bitcoin. They can be loaded up with well-known cryptocurrencies like BTC, USDT, DAI, SHIB, and USDC.
Two influencers warning against meme coins
Several prominent cryptocurrency influencers have cautioned their legions of Twitter followers against making any recent investments in meme coins. Popular cryptocurrency trader and YouTuber Christopher Jaszczynski is one of them. He recently tweeted that traders should use caution when dealing with meme currencies.
Before that, the founder and CEO of Binance, Changpeng Zhao, had forewarned his followers against investing in certain meme currencies.
He explained that some individuals purchase Twitter accounts that he follows and start creating their own meme currency. Although he has started unfollowing those Twitter users, he still thinks the meme coins they produce might not be a scam.
