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The Baby Doge Coin price surged 16% in the last 24 hours to trade at $0.002137 as of 3 a.m. EST on trading volume that surged 28% to $133.4 million.
The newly launched token, which is the same asset as BABYDOGE in a different denomination, has seen a strong start, with its price going from $0.001486 to an all-time high of $0.002442.
Apart from the fact that meme coins are still the hottest trend of the year, Baby Doge Coin’s positive progression can also be attributed to some of its recent announcements, such as a new partnership with PetVivo.
The project also teamed up with SunDog, Tron’s largest meme coin. The project said that SunDog is already making history within the TRX ecosystem, and Baby Doge Coin wishes to contribute to its success through the new partnership.
BabyDoge x @SUNDOG_TRX 🌞
We are happy to announce our latest partnership with the number 1 meme coin on Tron! $SUNDOG is making history within the TRX ecosystem and BabyDoge will be contributing to their success!
Dogs are stronger together 🐶 pic.twitter.com/ST9Gih2Ezg
— Baby Doge (@BabyDogeCoin) September 17, 2024
Apart from that, there were a number of listing announcements, which is to be expected for the newly launched meme coin, including the OTC Perpetuals DEX IntentX, Indonesia’s largest exchange Tokocrypto, BiKingex, but also CoinEx Global, Bitget, Binance, HTX, and more.
Baby Doge Coin Price Prediction
After having a strong start that took its price to over $0.0022, 1MBABYDOGE saw a slight correction over the last few hours that brought it down to its current value. Initially, the token stabilized after the correction, and multiple technical indicators reflected this.
But, right now, 1MBABYDOGE is once again showing signs of activity, with its price starting to grow again. The token’s Bollinger bands, which got extremely narrow in the last few hours, started distancing from one another again, which is a bullish signal.
Not only that, but the token’s price appears to be pushing the upper band up, which is an even stronger bullish signal.
Then, there is the project’s Relative Strength Index (RSI) — a metric that shows whether market participants are buying or selling the asset. After the RSI value dropped to the oversold area several hours ago, it recovered to the neutral zone with small fluctuations in early Wednesday morning. Now, however, the RSI is once again starting to head further up, showing that the traders are bullish and that they are buying 1MBABYDOGE once more.
If the trend continues, the price could head back up to the resistance at $0.0022 and retest its strength. However, it is also worth noting that many of the largest cryptos are trading in the red on the hourly basis, even though most are still in the green based on their 24-hour performance.
This could suggest that another market-wide correction is coming, so 1MBABYDOGE’s price increase could be cut short if the bears overtake the wider market once again.
Promising Alternative To Baby Doge Coin
While Baby Doge Coin appears relatively stable for now, some may argue that its price has already gone through its initial surge, and that the time to invest was before that.
In fact, some experts contend that the best time to invest is when the cryptocurrency is still in presale, immune to volatility, and awaiting its price surge post-launch.
Right now, one such opportunity can be found in Crypto All-Stars (STARS) — a new meme coin that aims to revolutionize staking with a new type of staking smart contract known as MemeVault.
Unlike regular staking projects that allow their token holders to stake their token alone, MemeVault allows you to stake any major meme coin. That includes the likes of Dogecoin, Pepe, Floki, Brett, Turbo, Milady, and many more, positioning Crypto All-Stars as the center of meme coin staking.
MemeVault will allow users with a large meme coin portfolio to stake most, if not all of their tokens in the same place, making it faster, easier, and more rewarding.
Investors can also stake STARS itself and it’s currently offering a stratospheric annual return of 1,119%.
Best of all, the token is still in presale, meaning that its price is still quite low, sitting at only $0.0014477, and has yet to go through a post-launch surge.
Many experts in the crypto sector have high expectations for the project, including those behind the popular crypto YouTube channel 99Bitcoins, which has over 706k subscribers. It says the project has 100x potential, and should not be missed by opportunity seekers.
If you want to join investors who have pumped more than $1.3 million into the project, you can buy STARS tokens with either your credit/debit card, or cryptos such as ETH, USDT, BNB, FLOKI, SHIB, PEPE, or DOGE.
Buy before a price hike in less than 22 hours for the best deal.
Visit the official STARS website here.
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