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Welcome back to another post by me the Cryptobat. It's Sunday so I will be discussing the coin of the week, which this week is Baby Doge.
The adorable son of Doge, Baby Doge is just like his father, but with some new tricks. Here are some of the abilities that make Baby Doge unique.
(1) Reflect
Unlike Doge, baby doge is also a reflect token. This gives it the capability to reward users just by holding it. This is the way the reflect operates; every time someone buys or sells the said coin, (in this case Baby Doge) there is a tax (in the case of Baby Doge 5%) this tax is then taken and distributed to all the holders of the coin.
Also contrary to Doge, Baby Doge has a burn program. This is the way the program operates; part of the supply is put into a wallet that no one can access, ie a dead wallet, right now 42% of the total supply of Baby Doge is in the dead wallet. This means on every transaction there is a 5% tax, this gets redistributed to all the users, and the dead wallet, since it has 42% of the entire supply, gets 42% of each redistribution.
(3) Donations
Last but not least, Baby doge also gives donations to various charities. Most of the charities have to do with rescuing dogs since after all Baby Doge is a dog coin. The most generous donation they gave was $100,000 to Best Friends Animal Society.
Side notes
Baby Doge also has huge daily volumes, clocking in today at $13,000,000
Baby Doge is currently on two smart chains Ethereum and Binance.
They have a reward tracker and their own Baby Doge swap.
Conclusion
Baby doge has the potential to make some serious gains in 2022 due to its reflect program, burn program, its multi-chain capability, and its high volume.
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