Baby Doge Coin (Babydoge) Burns Another $1.3 Million Worth Of Tokens

Baby Doge Swap

In one significant transaction, Baby Doge Coin organized its scheduled “Monthly Burn Event” for August and sent 1 Quadrillion Baby DogeCoin (BabyDoge) to the “inferno” address. The value of these tokens is estimated to be $1.3 million.

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This is the tenth time since the beginning of 2022 that Baby DogeCoin has permanently removed a quadrillion BabyDoge tokens from its massive circulating supply.

According to a report published earlier, on the occasion of the BabyDoge team’s first anniversary, the largest Burn Event in the history of crypto space was held when a whopping 50 quadrillion BabyDoge, worth $88.50 million, were successfully burned through one magnificent transaction.

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According to CoinGecko, BabyDoge’s initial supply of 420 quadrillion tokens has been reduced to 159.27 quadrillions in the eight months following these Monthly Burn Events.