An Elon Musk Tweet Once Pushed This Dogecoin Knockoff, Now It’s Up 27% Again – What’s Happening?

baby dog ​​coin babydog / usd Gained 27% in the last 24 hours, outperforming the top five MEME coins by market capitalization dog coin doge/usd And Shiba Inu shib/usd,

What happened: The increase in the price of BabyDog comes after the handle of Mim Coin tweeted, “A new top 10 exchange listing is launching this Friday.”

Even though it is unclear which crypto exchange will list the coin, the news has created a rally effect. At the time of writing this news, BABYDOGE was trading at $0.00000032.

See more, Top Indian Apps That Offer Bitcoin, NFT Rewards

The tweet isn’t the only reason for the growing popularity of baby dog ​​coins. In July 2021, Elon Musk when he mentioned the coin Tweeted “Baby Dog”, which led to an increase in its price by about 130%. Musk made his tweet referencing a viral children’s song, “Baby Shark Dance”, and YouTube’s most viewed video, which includes the song “Baby doge, doo, doo, doo, doo, doo”. Were.

Price Action: while writing, Doge was trading up 0.01% at $0.074. Shiva was trading at $0.000010, up 0.37% over the past 24 hours. According to Benzinga Pro data.

Read more: Bitcoin, Ethereum, Dogecoin Spike Despite Crypto Exchange Shutdown After SEC Lawsuit: Analyst Says Apex Crypto Has ‘Lots of Room to Grow’

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