Baby Dinger Token ($BABYDINGER) Price, Market cap and Live chart

Muhammad Naeem

Blogger

Newer projects like the Baby Dinger token are opportunities for the whales and the traders with a large portfolio. The whales often attack in groups and artificially buy a project to pump the price. When the price momentum gets noticed by the day traders or the swing traders, new cash inflows increase, hence further pumping the price. At this moment the whales cash out their investment, dumping the price below its original support area.

Traders with larger portfolios have a certain portion of their investment dedicated to investing in the new coins. With a little sign of hope, they pour their money into many projects at the very start. As soon as the price starts to increase organically or due to any whale activity, these traders cash out their profits. Though this is very risky and most of the time the projects never move upward. But if this is the case with the Baby Dinger token? Let’s find out.

What is Baby Dinger (BABYDINGER)?

Baby Dinger token is a dual chain project that lives on the Ethereum and Binance Smart Chain. Launched in October 2021, the token is based on the famous Schrodinger cat paradox according to which a cat in the box can be both dead or alive depending on the observer.

The Baby Dinger coin takes inspiration from the same paradox to position itself as both bullish and bearish until someone trades it to move in direction. The token aims to create a fun and engaging community of holders and fans who can enjoy the benefits of both worlds.

What is the utility of Baby Dinger?

Baby Dinger token is not a meme coin but a fun way to exchange value in a decentralized manner. The coin presents itself as a utility token on the both Ethereum and Binance Smart Chain (BSC) to attract investors and buyers. Here are some key utilities of the Babydinger token:

Dual Chain Token:

Being a dual chain babydinger offers the benefits of both worlds. The token holders can enjoy the huge Ethereum ecosystem and development tools as well as enjoy the faster and cheaper transactions of the BNB Chain. The Baby Dinger blockchain bridge makes it easier to switch the chains conveniently.

Rewards:

Imagine, you purchase some coins, keep them in your wallet and their quantity keeps growing without even staking them. That is because, on every transaction, a 2% transaction fee is distributed back to the token holders as a reward for holding the token. In this way, the token incentivizes the current holders and encourages the new hands to invest in.

Burn:

To maintain the token scarcity, the Baby Dinger token follows a deflationary nature. On every transaction, 2% is sent to a null wallet as a burn mechanism – ultimately decreasing the token circulation.

Liquidity:

Baby Dinger locks 2% of every transaction into a liquidity pool, which ensures stability and security for the token. The liquidity pool also generates fees that are used to fund the development and marketing of the project.

Charity:

Giving back to animal welfare organizations is one of the main utilities of the Baby Schrodinger Token as a charity. 2% of every transaction is given to the charity as a sign of commitment to social responsibility and the betterment of the animal life, particularly the cats. The project also plans to adopt and sponsor real cats in the future.

What makes the Baby Schrodinger token unique?

In the world of meme coins, Baby Dinger Token combines quantum physics with decentralized finance in its own unique way. The token conveys the core concept of value in an innovative approach. The baby dinger approach states that a token can be bullish or bearish depending on the buying and selling of it. So, it is in the control of the holders if they want its price up or down.

Who are the founders of Baby Dinger?

The token is backed by anonymous developers in the love of science and animals, especially cats. They want to convey their commitment to science, love for animals, and value to the community through Baby Token.

Baby Dinger Token Price today:

The price of the Baby Dinger token is $0.2x10^8 with a marketcap of Market cap of $194,896.09. Baby Dinger coin is down 0.01% in the last 24 hours. Below is the live price chart of the Baby Dinger token.

Baby Dinger Token Price and Market Cap

What are the plans for Baby Dinger?

Baby Dinger coin made many promises to its community as future plans. A few of those plans for Baby Dinger included:

• Launching a website: The project is currently working on launching its official website.
• Listing on exchanges: The project is also planning to list its token on major crypto exchanges
• Developing a game: The project is also developing a game based on Schrödinger’s cat paradox which is based on luck.
• Expanding the community: The project is also expanding its community by engaging with its users on social media platforms, such as Twitter, Reddit, Telegram, etc.

What Happened to Baby Dinger Token?

Though the project was based unique idea and the team promised a lot to the community, it seems like they couldn’t live up to that. Looking at their official website, the project has abandoned the website. The same is the case with their X (Twitter) account as it appears suspended.

At this point, the project has been abandoned and seems like a planned rug. Binance Chain Explorer shows that there are over 4,400 token holders. These might be the last investors who couldn’t cash out in time or hoped for the token price to recover.

Therefore, before you dive into any project invest only a small portion of your portfolio that you are willing to lose. Even before investing, do your own research so you can avoid cryptocurrency scams and end up losing everything.