Babydoge Burns 3 Quadrillion Coins Worth $5 Million on Its First Birthday, Plans Another 50 Quadrillion Burn Party 

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Baby DogeCoin

On the first Happy Birthday Celebration, Baby DogeCoin (BabyDoge) sent 3 quadrillion BabyDoge to Dead Wallet, worth $5,100,000 ($5.10M), and will soon hold a “50 Quadrillion Burn Party.”

In one significant transaction, BabyDoge celebrates its first birthday by permanently removing a whopping total of 3 Quadrillion BabyDoge tokens worth $5,100,000 ($5.10M) from circulation.

Following the burn, the BabyDoge team shared a transaction link with its community as “Proof of Burn.”

The Baby Doge Coin team is not done yet. To commemorate the occasion, the token’s creators launched a community proposal on the snapshot to burn 50 quadrillion BabyDoge tokens on Ethereum.

Read also: Shiba Inu Partners With Beta Finance: SHIB Holders Can Now Lend, Borrow and Short-Sell Token

BabyDoge has granted the community the right to vote and has provided three options from which to choose:

Option 1: Yes, Burn Them All at Once

Option 2: Yes, Burn Them Over 2 Months

Option 3: No Save Them

According to a recent update shared by BabyDoge’s official Twitter handle, over 1.5 quadrillion votes have been cast. More than 90% of the votes were cast in favor of the burn. The poll, however, is still open and will reportedly close on June 28th.

Recent Burns by BabyDoge

This is not the first time BabyDoge has sent many BabyDoge tokens to the dead wallet. Since the beginning of the New Year 2022, BabyDoge has burned quadrillion tokens every month.

Baby DogeCoin previously burned 5 Quadrillion Coins worth $11.50 million in January, 4.8 Quadrillion tokens worth $20 million in February, 4 Quadrillion tokens worth more than $12.80 million in March, 3.2 Quadrillion tokens worth more than $10 million in April, and 4 Quadrillion tokens worth more than $6.8 million in May.

Related article: BabyDoge remains the biggest Memecoin on the BSC Ecosystem

This means that, including the most recent 3Q burn, BabyDoge has sent a whopping 24 quadrillion canine-themed meme tokens worth more than $66.2 million to the dead wallet in six months. According to CoinGecko, the current circulating supply of BabyDoge is 159,278,394,658,793,747. (159.27Q).

Aside from that, BabyDoge is the most popular canine-themed cryptocurrency in terms of holders. BabyDoge is held by 1,560,098 (1.56M) unique wallet addresses according to BscScan data, whereas Shiba Inu is held by only 1,173,687 (1.17M) unique wallet addresses according to Etherscan.io.