BabyDoge moves frequently: Acquisition of GasPump expands the ecosystem, Puppy.fun is about to go online, project unlock tokens have flowed to the exchange

Renata2024/12/10 03:03

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On November 24th, BabyDoge announced on the X platform that it has successfully acquired GasPump, a platform that integrates the TON blockchain and focuses on publishing Telegram ecological tokens. Through this acquisition, BabyDoge plans to achieve the following goals:

Simplify the token publishing process;

Expand the DeFi ecosystem and introduce more new features.

To lay the foundation for future partnerships and ecological development.

On December 8th, according to on-chain analyst @ai_9684xtpa monitoring, BABYDOGE surged 60% on the same day due to Elon Musk's post. However, according to CMC data, BABYDOGE is still in a "not fully circulated" state with a circulation ratio of 79.33%. On the same day, the lock-up contract UNCX Network unlocked $2.42 million worth of BABYDOGE to the multi-signature address 0xB2E... 9a0F3, and all of these tokens have been recharged to Binance. Since November, UNCX Network has unlocked $12.02 million worth of BABYDOGE, which has flowed to centralized exchanges (CEX). At present, there are still 9.55% of the tokens in the contract to be unlocked.

Earlier, Elon Musk posted a photo with his son on the X platform with the caption "Doge & Minidoge" and the words "The Dogeson" and "The Dogefather", which sparked widespread attention to BABYDOGE in the market.

On December 10th, BabyDoge announced that its BNB-based meme incubation platform, Puppy.fun, will go live this week. The platform will destroy BabyDoge tokens by charging a portion of the fee to further reduce the token supply and promote deflation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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